Valence Advises SK Capital on Its Acquisition of ICL’s Fire Safety and Oil Additives Businesses

NEW YORK–(BUSINESS WIRE)–The Valence Group acted as lead financial advisor to SK Capital Partners
on its announced acquisition of the Fire Safety and Oil Additives
businesses of Israel Chemicals Ltd. (“ICL”) for approximately $1
billion. The transaction is expected to close during the first half of
2018.

The Businesses, headquartered in St. Louis, Missouri, have global
operations and are market leaders in each of their segments. The ICL
Fire Safety business is a formulator and manufacturer of fire management
chemicals. Its Phos-Chek fire retardants, Class A and B foams, and water
enhancing gels are the world’s leading chemical solutions for managing
wildland, military, industrial and municipal fires, and are used in
partnership with fire management agencies across the globe. The ICL Oil
Additives business provides high quality phosphorus pentasulfide used in
the preparation of ZDDP-based lubricant additives, in critical engine
anti-wear solutions that lead to prolonged combustion engine function,
as well as in pesticide and mining chemicals applications.

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the
specialty materials, chemicals and pharmaceuticals sectors. The firm’s
purpose is to build strong and growing businesses that create
substantial long-term economic value. SK utilizes its industry,
operating and investment experience to identify opportunities to
transform businesses into higher performing organizations with improved
strategic positioning, growth and profitability as well as lower
operating risk. SK’s portfolio of businesses generates revenues of
approximately $6 billion annually, employs more than 8,700 people
globally and operates more than 60 plants in 25 countries. The firm
currently has approximately $1.9 billion of assets under management.

About ICL

ICL is a global manufacturer of products based on specialty minerals
that fulfill humanity’s essential needs primarily in three markets:
agriculture, food and engineered materials. ICL shares are dual listed
on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and
TASE: ICL). The company employs approximately 13,000 people worldwide,
and its sales in 2016 totaled US$5.4 billion.

About The Valence Group

The Valence Group is a specialist investment bank offering M&A advisory
services exclusively to companies and investors in the chemicals,
materials and related sectors. The Valence Group team includes a unique
combination of professionals with backgrounds in investment banking and
strategy consulting within the chemicals and materials industries, all
focused exclusively on providing M&A advisory services to the chemicals
and materials sector. The firm’s offices are located in New York and
London.

Contacts

The Valence Group
Paul Lakind, 212-847-7339
[email protected]