Domestic acquisitions, agreements

Chase Capital Partners (New York, NY) and members of current management in a recapitalization transaction have purchased Huntsman Packaging Corp. (Salt Lake City, UT) for $1.065 billion.

Hi-Port Inc. (Highlands, TX) has signed a purchase agreement to acquire Specialty Chemical Resources (Cleveland, OH).

The U.S. Justice Dept.’s Anti-Trust Div. approved the joint sales and purchasing venture of five regional steel-drum manufacturers known as Containers America LLC.

Impac Group (New York, NY) has acquired Atlantic Packaging Corp. (Norwich, CT).

Taylor Holdings, Inc. (Parsons, KS) has purchased all the stock of Smoot Co., Inc. (Kansas City, KS).

Colfax Corp. (Richmond, VA) has acquired the Warner Electric Motors and Controls Div. (Ann Arbor, MI) of Dana Corp.

Chevron Chemical Co. (Houston, TX) has purchased the first license to manufacture PE using BP Amoco’s (Chicago, IL) Innovene® process technology and new catalysts developed by BP Amoco and The Dow Chemical Co. (Midland, MI).

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