Parsippany, NJ, March 30, 2012 – Sonneborn Holdings, LLC. (“Sonneborn”), a world leader in the manufacture and supply of high-purity specialty hydrocarbons, announced today One Equity Partners (“OEP”) has completed the acquisition of the outstanding shares of Sonneborn from Sun Capital Partners (“Sun”).
Bob Muller, Sonneborn’s CEO, said, “The transaction is a pivotal point in Sonneborn’s history. With OEP’s significant capital injection, the Company is well positioned for future growth. Meanwhile, we will continue our focus on manufacturing the highest quality products and providing great customer service.”
Financial terms of the Sonneborn transaction were not disclosed.