Polymer Solutions Group (PSG), a leading manufacturer of specialty polymers and additives, has Alkon Solutions Ltd from Stephenson Group Ltd.
Based in Leeds (UK), Alkon is a manufacturer of anti-tack products for the rubber industry. Alkon brings anti-tack technology and geographic scope that complements PSG’s Sasco Chemical Additives Business. Sasco, headquartered in Albany (Georgia, USA), is a leading manufacturer of rubber anti-tack agents in North America with its PolyCoat, TechKote and Sasco Cote product lines.
PSG was formed by Arsenal Capital Partners in June 2015 with the acquisition of Peach State Labs Inc, a leading provider of specialty polymers and performance chemicals. In February 2016, PSG acquired Flow Polymers LLC, a manufacturer of proprietary and custom chemical dispersions, process aids and homogenising agents for tyre, automotive, industrial products, wire and cable and plastics markets. Sasco was acquired by PSG in April 2016.
“The addition of Alkon to the group broadens our anti-tack product offerings and accelerates the build-out of our global rubber additives business. Alkon’s premium anti-tack products, customer service and support fit perfectly with Sasco’s state of the art anti-tack slurry systems and unmatched customer service. By coupling Sasco and Alkon with Flow Polymers, PSG continues to expand our rubber processing additives business foundation and global footprint,” said Mike Ivany, president and chief executive officer of Polymer Solutions Group.
Sal Gagliardo, chairman, PSG, and industry & operations partner of Arsenal, added, “The Alkon acquisition builds on our strategy of expanding our suite of technologies to our customer base and building a global platform. We are committed to support the rapid growth of PSG and will continue to pursue strategic investments that will further transform the company.”
