Sun Capital Partners, Inc., a private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, a subsidiary of Koch Industries, to acquire Koch Separation Solutions.
Founded in 1963 and headquartered in Wilmington, Massachusetts, KSS has more than 700 employees and decades of experience providing separation technologies. The Company offers membrane filtration, ion exchange, evaporators, dryers, and proprietary cheesemaking technologies to the industrial, food, beverage, dairy, and other markets. Once the transaction is completed, KSS will operate as a standalone business that includes all its current operations and will continue under the existing management team.