Arsenal Capital Buys IGM Specialty Chemicals Producer

Private equity firm Arsenal Capital (New York) has acquired IGM (Waalwijk, Netherlands), a privately held producer of specialty chemicals for the global UV inks and coatings industry. Valence Group acted as advisor to IGM. Arsenal Capital specializes in making investments in middle-market specialty industrial, health care, and financial services companies. Terms of the transaction were not disclosed.   IGM was founded in 1999 and has production facilities in Europe, U.S., South America, and China. In 2012, the company is expected to generate sales of...

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