Gelest

Mitsubishi Chemical America, a subsidiary of Mitsubishi Chemical Corporation, entered into a definitive agreement to acquire Gelest, a manufacturer of silicones, organosilanes, metal-organics, and specialty monomers, from New Mountain Capital. Completion is expected in 2020.

Gelest announced the acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers for coatings, adhesives, and advanced technology applications. Bimax will continue to operate under its own name.

Gelest Inc., a materials science innovator and New Mountain Capital portfolio company, announced the acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers.