ANSA McAL Buys BLEACHTECH

ANSA McAL Ltd. has acquired Cleveland-based chlor-alkali producer BLEACHTECH for $327 million, the largest acquisition in the Caribbean conglomerate’s 143-year history.

BLEACHTECH operates two chlor-alkali plants in Seville, Ohio, and Petersburg, Va., that produce bleach, caustic soda and hydrochloric acid.​

ANSA McAL is a leading chlor-alkali producer in the English-speaking Caribbean. The acquisition is intended to allow both companies to combine their expertise and complementary strengths in safely producing and delivering bulk bleach to potable water treatment plants, wastewater treatment plants and companies that supply household consumers.

“This acquisition is an important step in ANSA McAL’s 2x growth strategy,” CEO Anthony N. Sabga IIIsaid in a statement. “BLEACHTECH is a significant addition to our overall business portfolio. We intend for this to grow over time, so we will be creating new career opportunities almost immediately as we enhance our service to our loyal and new customers across the United States. My priority over the next few months will be to meet with relevant stakeholders to share our growth plans and commitment to working with BLEACHTECH’s talented team. The purification and disinfection end use of BLEACHTECH’s products is very much in line with our Group’s environmental commitments, which form part of our broader, well documented, Sustainability Business Priorities. This investment reinforces our commitment to the United Nations Sustainable Development Goal (SDG 6) to ensure the availability, and sustainable management of water and sanitation for all.”