News | One Equity Partners
One Equity Partners Completes Acquisition of Sonneborn

PARSIPPANY, NJ, March 30, 2012 – Sonneborn Holdings, LLC. (“Sonneborn”), a world leader in the manufacture and supply of high-purity specialty hydrocarbons, announced today One Equity Partners (“OEP”) has completed the acquisition of the outstanding shares of Sonneborn from Sun Capital Partners (“Sun”).

Bob Muller, Sonneborn’s CEO, said, “The transaction is a pivotal point in Sonneborn’s history. With OEP’s significant capital injection, the Company is well positioned for future growth. Meanwhile, we will continue our focus on manufacturing the highest quality products and providing great customer service.” 

Financial terms of the Sonneborn transaction were not disclosed.

Lazard served as financial advisor to Sun on the transaction. Morgan Lewis served as legal advisor to Sun. Macquarie Capital served as financial advisor to OEP on the transaction. Baker & McKenzie served as legal advisor to One Equity Partners.

About Sonneborn
Sonneborn is one of the world’s largest dedicated suppliers of white oils, petrolatums, waxes, and other hydrocarbon specialty products. Many of the largest personal care, cosmetic, pharmaceutical, and food processing companies use Sonneborn’s products for personal care items such as creams and lotions, cosmetics, and pharmaceutical ointments, as well as for food processing, agricultural dust suppression, polymer processing, telecommunications wire and cable, and air conditioning, and refrigeration lubricants.

About One Equity Partners
One Equity Partners is the private investment arm of JPMorgan Chase & Co. and manages over $10.5 billion in commitments and investments solely for the bank. OEP enters into long-term partnerships with companies to create sustainable value through long-term growth driven both organically and through acquisition. Founded in 2001, OEP has 39 investment professionals in New York, Chicago, Frankfurt, Vienna, Hong Kong and elsewhere around the globe. Visit for more information.

About Sun Capital Partners, Inc.
Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in companies that can benefit from its in–house operating professionals and experience. Sun Capital affiliates have invested in more than 295 companies worldwide with combined sales in excess of $45 billion since Sun Capital’s inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, and New York, as well as affiliates in London, Paris, Frankfurt, Luxembourg, Shanghai and Shenzhen. For more information, please visit