ShawKwei & Partners, a private equity firm based in Singapore, has acquired two US-based companies: ZymeFlow and CTL Packaging USA.
- ZymeFlow is a provider of chemical decontamination solutions. The company was founded in 1987 and has over 35 years of experience in the field. ZymeFlow’s solutions are used by a variety of industries, including the semiconductor, electronics, and manufacturing industries.
- CTL Packaging USA is a manufacturer of packaging products for the beauty and personal care industry. The company was founded in 1995 and has over 25 years of experience in the industry. CTL Packaging USA’s products are used by a variety of brands, including L’Oréal, Estée Lauder, and Procter & Gamble.
The acquisitions are part of ShawKwei’s strategy to expand its industrial portfolio in the US. The firm is targeting companies with strong growth potential and sustainable business models.
The acquisition of ZymeFlow is expected to help ShawKwei to expand its presence in the chemical decontamination market. The company’s solutions are used to remove a variety of chemicals from surfaces and equipment, making them ideal for use in the semiconductor and electronics industries.
The acquisition of CTL Packaging USA is expected to help ShawKwei to expand its presence in the beauty and personal care market. The company’s products are used to package a variety of beauty and personal care products, making them ideal for use by leading brands in the industry.
The acquisitions are expected to be accretive to ShawKwei’s earnings in the near term. The firm is confident that the two companies will be able to achieve their growth targets under its ownership.
