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The Sterling Group to buy Polychem Corp

Middle market private equity firm, The Sterling Group, has announced the acquisition of Polychem Corporation, PE Hub reported. Financial terms of the transaction were not announced. Mentor, Ohio-based Polychem is an operator of a PET recycling facility which processes bales of post-consumer PET, converting them for use in Polychem’s strapping extrusion lines and for external sale to consumer packaged goods companies.

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PE Deals,Private Equity Deals, Private Equity