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Sterling Group adds packaging products maker Polychem to portfolio

Mar 18, 2019 - SNL Financial

Middle-market private equity firm Sterling Group LP bought packaging products manufacturer Polychem Corp.

The acquired company makes polyester and polypropylene strapping consumables, securement equipment and related products for the food, beverage, consumer packaged goods and industrial markets.

Sterling invests in basic manufacturing, distribution and industrial services companies with enterprise values of $100 million to $750 million.