Cognis Sells UV Acrylates Business to IGM

Cognis (Monheim, Germany) says it has signed an agreement to sell its UV acrylates business to IGM Resins (Waalwijk, The Netherlands), a supplier of UV curing resins products. Financial terms were not disclosed. The sale is expected to be formally completed by June 2010. The Valence Group (London) acted as Cognis's exclusive financial advisor on the transaction.   Cognis’sUV acrylates business manufactures and sells monomers and oligomers for UV applications marketed under the Photomer brand name. The deal includes the sale of Cognis’s Photomer...

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