# SK Capital and Edgewater Capital to buy Saint-Gobain's scintillation and photonic crystal business

SK Capital and Edgewater Capital have entered exclusive negotiations to acquire Saint-Gobain's scintillation and photonic crystal business in Hiram, Ohio, used in radiation detection.

- Type: Acquisition
- Announced: 2022-09-09
- Where: Hiram, Ohio, United States
- Status: announced
- Products: scintillation materials, photonic crystals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (target)
- [SK Capital](https://endata.com/companies/5414.md) (acquirer)
- [St Gobain](https://endata.com/companies/42405.md) (partner)
- [Edgewater Capital](https://endata.com/companies/42633.md) (acquirer)
- [GL Chemtec](https://endata.com/companies/66161.md) (target)
- [Comvest](https://endata.com/companies/66162.md) (partner)
- [VanDeMark](https://endata.com/companies/66163.md) (target)
- [St. Gobain Crystals](https://endata.com/companies/66173.md) (target)

## Sources

- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/SK-Capital-buys-sells/100/i32), 2022-09-09: "SK and another private equity firm, Edgewater Capital, have entered exclusive negotiations to buy Saint-Gobain’s Hiram, Ohio–based scintillation and photonic crystal business."
- [everchem.com](https://everchem.com/q3-chemical-ma-transactions/), 2022-10-10: "Q3 Chemical M&A Transactions"
- [everchem.com](https://everchem.com/q3-chemical-ma-transactions-2/), 2022-10-10: "GL Chemtec | Edgewater Capital | chemistry R&D and scale-up services to support API development, plus advanced materials for drug delivery, medical devices and other life science applications | 3rd Quarter 2022"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.