Houston, December 30, 2016 – PMHC II, Inc., the parent company of Prince International Corporation (“Prince”), today announced the completion of its previously reported acquisition of the Erachem Manganese Chemicals business of ERAMET Group, a French mining and metallurgical company.
Erachem is the world leader in the supply of manganese chemicals. Erachem operates five processing plants located in the United States, Belgium, China, and Mexico, which provide a wide range of manganese salts and oxides for more than 100 industrial applications including alkaline and lithium ion batteries, agrochemicals, electronics, copper recycling, and other specialty products. More information about Erachem can be found at www.erachem.com.
Prince combines international sourcing and processing capabilities with in-depth customer knowledge, world-class engineering, and value-added distribution to deliver essential engineered solutions to diverse consumer and industrial markets. Formed through a series of acquisitions since 2003, Prince is a portfolio company of private equity funds affiliated with Palladium Equity Partners, LLC. Prince’s products enjoy widespread use in brick, glass, foundries, steel, oil & gas, specialty coatings, agriculture, water treatment, and numerous other industrial applications. Prince operates 20 processing facilities located across North America, South America, Europe, and Africa. More information about Prince can be found at www.princecorp.com.