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Private Equity Firm Invests in Industrial Fluids Supplier Houghton
October 15, 2007
Houghton International Inc, a privately-held provider of industrial fluids and chemical management services, announced on Monday that it agreed to merge with a newly-formed affiliate of private equity investment firm AEA Investors LLC.   ; The company will continue to function under the Houghton International name.   ; Through the proposed partnership with AEA Investors LLC, we expect to enjoy greater access to capital, which will enable us to provide our customers with customized metalworking fluids and chemical management services," said William MacDonald Jr., president of Houghton International.