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    KPS buys Ineos composites business

    October 22, 2024

    April 2, 2025 KPS Capital Partners has acquired the INEOS Composites business, a manufacturer of composite resins, from INEOS Enterprises, for $1.8 billion. With the close of the transaction, the INEOS Composites business has been renamed Alta Performance Materials. Alta Performance Materials is a manufacturer of unsaturated polyester resins, vinyl ester resins, and gelcoats, which are used in composite materials across sectors such as building products, recreational vehicles, wind energy, and transportation. The company’s products include proprietary resin systems engineered for corrosion resistance, fire retardance, ultraviolet resistance, and high strength-to-weight performance. Alta is headquartered in Dublin, Ohio, and Barcelona, Spain, and operates 17 manufacturing sites and 3 technology centers across North and South America, Europe, Asia, and the Middle East. The company is led by CEO Andrew Miller, formerly CEO of INEOS Composites, and has annual revenues of more than $860 million and 900 employees. “We are excited for this new chapter as an...

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