Ares Management Set to Acquire GCP International in $3.7 Billion Deal
Ares Management Set to Acquire GCP International in $3.7 Billion Transaction
Ares Management Corporation has announced its intention to acquire GCP International for approximately $3.7 billion. This strategic move aims to enhance Ares’ portfolio in the specialty chemicals sector and expand its global footprint.
GCP International is recognized for its strong position in providing specialty construction chemicals and performance-based products. The acquisition aligns with Ares Management’s growth strategy and commitment to investing in high-quality companies that demonstrate potential for long-term value creation.
The transaction is expected to bolster Ares’ capabilities in the construction and materials space, enabling them to better serve clients and respond to market demands. With this acquisition, Ares aims to leverage GCP’s expertise and innovation to drive future growth.
Both companies anticipate concluding the deal pending regulatory approvals and customary closing conditions. The acquisition reflects Ares Management’s ongoing efforts to invest in sectors positioned for growth and resilience in a dynamic market environment.