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An affiliate of private investment firm Sun Capital has entered into an agreement to acquire Koch Separation Solutions (KSS) for an undisclosed amount. The affiliate reached an agreement with various subsidiaries of Koch Engineered Solutions, a subsidiary of Koch Industries, to acquire KSS. The acquisition is set to pave the way for KSS to strengthen its market presence and improve its economies of scale. Headquartered in Massachusetts, US, KSS has over 700 employees and decades of experience providing separation technologies. The company offers membrane filtration, evaporators, dryers, ion exchange and proprietary cheesemaking technologies to markets including industrial, food, beverage and dairy. Once the transaction is complete, KSS will operate as a standalone business, continuing under the existing management team and including all its current operations. Manny Singh, president of KSS, said: “Sun Capital and KSS share a common vision of innovation and continuous improvement to best serve our customers. KSS has an established history in the separations space, with over half a century’s worth of experience providing innovative solutions to customers worldwide. We are excited about this opportunity as it positions KSS to build upon longstanding relationships while growing our capabilities as a complete solutions provider. We remain committed to delivering the same level of service that our customers expect when working with us.” Jeremy Stone, senior MD at Sun Capital, commented: “We are very excited to enter into this agreement and look forward to working with the KSS team to support the business as a strong standalone enterprise. Sun Capital has a long history of successfully partnering with outstanding management teams in industrial businesses across multiple sectors. We’re confident that we can apply that experience and our deep, in-house operational resources to help management execute its business plan, accelerate growth, and further the company’s ability to help customers increase productivity while meeting sustainability goals.” The acquisition is subject to customary closing conditions including required regulatory approvals.