Cargill has entered into an agreement to acquire Dalton, Georgia-based Polystar LLC, a manufacturer of surfactants and additives used in epoxies, adhesives and coatings. The transaction is expected to close in early 2014.
By acquiring Polystar LLC, Cargill Industrial Specialties, which provides bio-based solutions on a global basis to industrial markets, will increase its manufacturing capacity across categories such as asphalt, oil field, lubricants, coatings and flooring.
Terms of the agreement were not disclosed.
