Aurora Capital Group acquired DuBois Chemicals, a specialty chemicals company whose products include industrial lubricants and metalworking fluids. The price was not disclosed.
Since 2008, DuBois was owned by private equity firm Riverside, which has headquarters in Cleveland and New York. Riverside acquired four add-ons for DuBois, including specialty chemicals manufacturer Galaxy Associates, transportation cleaning products supplier Blendco, metalworking and industrial fluids manufacturer Perkins Products, and specialty chemical water and wastewater management products manufacturer Mitco.
Aurora is the right partner for DuBois as we enter the next phase of our companys growth, and we look forward to working with them to achieve our future goals, said Jeff Welsh, CEO and president of DuBois, based in Sharonville, Ohio.
With opportunities to accelerate expansion and product innovation in the specialty chemical solutions and services market, DuBois has a promising growth trajectory, said Mark Rosenbaum, a partner with Aurora, of Los Angeles.
According to its web site, DuBois metalworking fluids include pressworking, along with cutting and grinding fluids. It also makes both petroleum and synthetic greases and oils. The company offers products and services in process cleaning and pretreatment, paper chemicals, water treatment, vehicle cleaning and industrial maintenance products, and food cleaning and sanitation.