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Arxada, a specialty chemicals business owned by Bain Capital and Cinven, and Troy Corporation have entered into an agreement to combine the two companies, creating a global microbial control solutions provider.
PET Fiber, LLC (Fiberworx) acquired Troy, LLC, a manufacturer of non-woven fabrics for automotive liners and under-carpet mats. The acquisition closed on August 4, 2020. Terms were not disclosed.
Troy Corp has completed the acquisition of DBM Blending, including a manufacturing facility near Rotterdam, The Netherlands.