EAST BERLIN, CT – StanChem Inc., a manufacturer of specialty chemicals and coatings, has been acquired by Artemis Capital Partners, a Boston-based private equity firm focused on differentiated industrial technology companies.
Founded in 1968, StanChem specializes in the research, development, manufacture and marketing of emulsion polymers, adhesives and specialty coatings for a variety of applications including paints, paper and packaging, building products, textiles, and non-wovens. In addition to its specialty polymers business, StanChem produces and markets the Albi line of flame retardant products. Consistent with Artemis’ investment strategy, StanChem possesses a compelling combination of differentiated process and product solutions, a blue-chip customer base, and significant growth potential. According to StanChem’s management team, that growth will be fueled by a new era of innovation and investment.