Huber Engineered Materials (HEM), an Atlanta-based division of J.M. Huber Corp., entered into an agreement with Dunes Point Capital, LP, Rye, N.Y., to acquire Miller Chemical & Fertilizer, LLC, Hanover, Pa.
Miller manufactures and distributes crop protection and nutritional agrichemical products designed to improve plant and crop production quality and yield of high-value fruits and vegetables.
“The acquisition of Miller furthers HEM’s mission to build a diverse portfolio of small to medium sized, competitively advantaged businesses in the chemical and mineral markets,” says Dan Krawczyk, president of HEM. “We are excited to welcome Miller’s employees into the HEM organization, and work with them to continue to serve their customers globally with world-class products and services.”
The current management team and its nearly 100 employees will continue to operate Miller’s operations and serve customers as a business unit within HEM.
“This acquisition is a strategically important step in Huber’s ongoing effort to diversify its overall portfolio with new specialty businesses that can grow and deliver significant value to their customers,” adds Mike Marberry, president and CEO of the J.M. Huber Corp. “This marks a significant milestone in HEM’s history, and we look forward to introducing Miller’s employees to the Huber principles and working with them to expand this business on a global basis.”