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Huntsman-related equity firm buys Citadel Plastic Holdings

By: Frank Esposito

WEST CHICAGO, ILL. (March 1, 9:55 a.m. ET) — Citadel Plastic Holdings Inc. has been acquired by Huntsman Gay Global Capital, a private equity firm co-founded by plastics Hall of Famer Jon Huntsman. Citadel's two largest holdings are compounder Matrixx Group of Evansville, Ind., and thermoset materials maker Bulk Molding Compounds Inc. of West Chicago, Ill.

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