Polymer Solutions Group Buys Sasco Chemical
Polymer Solutions Group (PSG), part of US private equity group Arsenal Capital Partners, has acquired Sasco Chemical, a specialty chemicals manufacturer supplying the rubber, wood, consumer and medical industries. Terms of the deal were not disclosed. Sasco Chemical, headquartered in Albany, Georgia, USA, is a leading North American manufacturer of rubber anti-tack agents with brands such as PolyCoat, TechKote and Sasco Cote. It also has an R&D center in Macon, Georgia.
This latest acquisition follows the purchase of specialty additives and dispersions producer, Flow Polymers, in February this year. Mike Ivany, PSG’s president and CEO, said the addition of Sasco further strengthened its position in the rubber additives market, allowing it to offer new products and innovative performance solutions.
PSG will continue to pursue acquisition opportunities to expand its platform in existing and new markets and broaden its capabilities for customers, added Sal Gagliardo, an operating partner in Arsenal’s Specialty Industrials Group.
