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Jordan company to Acquire Potters Industries
Wednesday 21 October 2020

An affiliate of New York-based private equity firm The Jordan company, L.P. (TJC) has agreed to acquire engineered glass manufacturer Potters Industries, LLC, the Performance Materials segment of PQ Group Holdings, Inc. (NYSE: PQG), the company said.

Terms of the transaction were not disclosed.

The transaction is expected to close by year end 2020, subject to customary closing conditions and regulatory approvals.

Kirkland and Ellis LLP is serving as legal counsel for TJC. Goldman Sachs and Co. LLC and Harris Williams LLC are serving as financial advisors and Ropes and Gray LLP is serving as legal counsel to PQ.

The Jordan company, L.P. has a 38-year track record of investing in and contributing to the growth of many businesses across a wide range of industries, including Industrials; Transportation and Logistics; Healthcare and Consumer; and Telecom, Technology and Utility.
Date Published: 21/10/2020