Investment in Americo Chemical Products

Investment in Americo Chemical Products Barings Supports Harbour Group's Investment in Americo Chemical Products Barings, one of the world's leading investment managers, announced today that it has acted as administrative agent and lead arranger for a senior secured facility to support Harbour Group's investment in Americo Chemical Products, Inc. ("Americo"). Americo, a major supplier of specialty chemical solutions for metal and substrate surface treatment applications, was founded in 1989 and is headquartered in Elgin, Illinois. Its product range includes chemicals for wastewater treatment, metal finishing, and other specialized applications. The financial terms of the transaction were not disclosed. "We are excited to welcome Americo to Harbour Group," said Jeff Fox, Chairman and Chief Executive Officer of Harbour Group. "With a focus on providing uniquely formulated solutions tailored to customers' specific needs, Americo helps its customers solve challenging pre-treatment problems and improve operating performance. In partnering with Harbour Group, Americo will be positioned to scale in its existing markets while focusing on expanding its product offering and end market applications." "Barings greatly appreciates the opportunity to support Harbour Group's investment in Americo. We are committed to investing in high-quality businesses led by innovative management teams and backed by top-tier financial sponsors," said Patrick Hartman, Managing Director in Barings' North American Global Private Finance Group. "Americo's management team has established a high-touch customer service business model that allows the company to differentiate itself by providing customized solutions and formulations that deliver superior, longer-lasting products for customers and their end users. Harbour Group's dedicated resources and track record of operational excellence will help build on and accelerate Americo's growth trajectory." Source