Arsenal buys IGM

Private equity firm Arsenal Capital 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 invests in middle-market specialty industrial, health care, and financial services companies. Financial terms were not disclosed. IGM was founded in 1999 and has production facilities in Europe, the U.S., South America, and China. The company is expected to generate sales of approximately €100 million ($130 million) in...

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