Houston Equity Firm Purchases Mayville’s Wilkinson Chemical

Houston’s Junction Capital Partners, a private equity firm, has acquired Wilkinson Chemical in Mayville, east of Frankenmuth. Wilkinson produces and sells calcium chloride solution, which is used for dust and ice control. The company will now operate under the name Wilkinson Solutions. Financial details of deal were not disclosed. “We’ve studied the market for an extended period and believe the acquisition of a long-standing player like Wilkinson provides a strategic foundation on which we can build our world class production facility,” says Rob Johnson, partner at Junction. “JCP believes the calcium chloride market has attractive fundamentals, which are supportive of adding new supply to serve growing customer needs in a number of applications.”