WAALWIJK, the Netherlands — IGM Resins has acquired the photoinitiator business of Lamberti. The acquisition adds to IGM’s technical development capabilities and brings a product line that includes materials compliant with U.S. FDA and stringent European regulatory requirements, which are complementary to the company’s photoinitiator offerings. IGM Resins is a portfolio company of Arsenal Capital Partners.
The acquisition includes all assets, technology, intellectual property and employees dedicated to the research and development and commercial activities related to the business, which will be operated as a division of IGM near Milan, Italy, in a new office laboratory complex. Products include the ESACURE® line, which will continue to be sold under the existing brand. The manufacturing unit, which includes IGM-owned assets, and pilot plant will continue to be operated by Lamberti under a manufacturing agreement.