ANSA Chemicals Acquires BleachTech for $327M

ANSA McAL Ltd has announced the acquisition of US-based chlor-alkali producer BleachTech via its US subsidiary ANSA Chemicals US, for $327 million, which represents the largest acquisition in the Caribbean conglomerate’s 143-year history.

BleachTech, based in Cleveland, OH, operates two chlor-alkali plants in Seville, OH and Petersburg, VA that produce sodium hypochlorite (bleach), sodium hydroxide (caustic soda) and hydrochloric acid.

ANSA McAL, based in Port of Spain, Trinidad and Tobago, via its subsidiary ANSA McAL Chemicals Ltd, is the leading chlor-alkali producer in the English-speaking Caribbean, serving the water treatment needs of the CARICOM region for more than 35 years. This strategic acquisition builds on ANSA McAL’s position as a leading player in the Caribbean chemical industry and facilitates the group’s hemispheric growth plans via market expansion into the North American chemicals market.

The acquisition will allow both companies to combine their expertise and complementary strengths in safely producing and delivering bulk bleach to potable water treatment plants, wastewater treatment plants and companies that supply household consumers.

“This acquisition is an important step in ANSA McAL’s 2X growth strategy,” said Anthony N. Sabga III, CEO of ANSA McAL. “BleachTech is a significant addition to our overall business portfolio... The purification and disinfection end use of BleachTech’s products is very much in line with our group’s environmental commitments, which form part of our broader, well documented, Sustainability Business Priorities. This investment reinforces our commitment to the United Nations Sustainable Development Goal (SDG 6) to ensure the availability, and sustainable management of water and sanitation for all.”