Astorg to Acquire IGM Resins from Arsenal Capital Partners
NEW YORK/LUXEMBOURG — Astorg and Arsenal Capital Partners (Arsenal) announced that Astorg has partnered with management and signed a definitive agreement to acquire IGM Resins, a global manufacturer and innovator of ultraviolet (UV) curable materials, from Arsenal. The transaction is expected to close in the second quarter of 2018 and is subject to customary closing conditions and regulatory approvals. Financial terms of the transaction were not disclosed.
Headquartered in Waalwijk, the Netherlands, IGM Resins is a manufacturer and innovator of specialty photoinitiators. The company offers a full platform of complementary UV curable material solutions (photoinitiators, acrylates and additives) for the UV coatings and inks market.