Multi-Chem Acquired by Praana Group | Manufacturing M&A Deal

Praana Group has completed the acquisition of Multi-Chem, a chemical manufacturing business in Kansas, for $95 million. Multi-Chem produces specialty chemicals used across industrial applications, supporting Praana Group’s specialty chemicals platform acquisition strategy in KS acquisitions. Praana Group acquisitions aim to expand manufacturing capabilities and broaden product offerings through a platform acquisition in chemical manufacturing acquisition. The deal is a private equity acquisition and a manufacturing M&A platform buildout, labeled as a platform deal with closed status.