Cedar City’s American Pacific Corp., a producer of highly specialized chemicals through proprietary processes for use in missile defense, space launch, pharmaceutical and fire suppression applications, has been sold to NewMarket Corp. of Richmond, Virginia. AE Industrial Partners LP (AEI), a private equity firm specializing in aerospace, national security and industrial services, was the previous owner and sold American Pacific through its affiliate company, AMPAC Intermediate Holdings LLC. The sale price was reported as $700 million.
Founded in 1955, American Pacific produces performance additives utilized in solid rocket motors for Please log in to see the rest of this story.
