Arsenal Capital Partners announced today that it has completed the sale of its portfolio company Kel-Tech Inc., a manufacturer and supplier of specialty chemical products and services for onshore production, field stimulation, and drilling applications throughout the United States, to Clariant Corporation.
Polymer Solutions Group (PSG), a leading manufacturer of specialty polymers and additives, today announced its acquisition of Alkon Solutions Ltd from Stephenson Group Ltd. PSG is a portfolio company of Arsenal Capital Partners.
Muttenz, September 14, 2016 – Clariant, a world leader in specialty chemicals, today announces two acquisitions in the oilfield production chemicals business. After closing, the agreed purchases of Kel-Tech Inc. and X-Chem LLC add approx. USD 200 million of sales, as well as personnel, technology and expertise to its existing activities in North America and accelerates the growth of its Business Unit Oil & Mining Services (OMS) as a leading provider of oilfield production chemicals in North America.
IGM Resins B.V., a leading global producer and supplier of radiation curable materials acquired BASF’s global photoinitiator business on August 26, 2016.
NEW YORK, August 18, 2016 – Arsenal Capital Partners, a New York based private equity firm, announced today that its portfolio company WIRB-Copernicus Group® (WCG™), has completed a recapitalization in which Arsenal Capital Partners led an investment group, including Arsenal Capital Fund IV, MSD Capital, L.P. and other leading institutional investors, to provide WCG with additional capital to continue its successful growth.
