OpenGate Capital Exits Investment in Verdant Specialty Solutions Through Sale to Samyang Specialty Solutions
Summary
The Company was established in May 2021, when OpenGate carved out the North American and European amphoteric surfactant business from Solvay and named it Verdant Specialty Solutions. “We are proud of what we have achieved alongside OpenGate these past few years, which is a testament to the firm’s unmatched reputation in the industry for successfully completing corporate carve-outs, integrating add-on acquisitions and its overall innovative approach.” “Verdant’s growing portfolio of sustainable solutions and products highly complements our overall vision of sustainable growth and high-quality, first-rate products for customers,” said Tae-Ung Eom, CEO of Samyang Holdings. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build, and scale successful businesses. With a growing portfolio of sustainable solutions, the company is a leading provider of amphoteric surfactants for the personal care, home and hygiene, and industrial markets. Samyang is committed to high ESG standards, founded on the core values of trust, innovation, talent, challenge, performance-focused and customer-oriented.