Arsenal Capital Partners acquires Netherlands-based IGM Resins

24 September 2012 18:30  [Source: ICIS news]

HOUSTON (ICIS)--Arsenal Capital Partners has acquired Netherlands-headquartered IGM Resins, a provider of intermediates to the global ultraviolet radiation cure coatings, inks and adhesives industry, the US-based private equity firm said on Monday.

The move, which was completed Friday, would allow Arsenal to tap into the “highly attractive UV cure end markets,” said John Televantos, a partner at New York-based Arsenal.

Arsenal did not divulge the acquisition cost. Arsenal spokesman Chris Tofalli said the revenues would be more than $150m (€116m).

IGM Resins has offices and production facilities in Europe, the US, South America and China.

The company is Arsenal Capital’s fourth acquisition this year, following investments in Fluoro-Seal Holdings, Plasticolors and Evonik’s Colorants.

($1 = €0.77)

By: Tracy Dang
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly