NEW YORK—Specialty polymers and additives producer Polymer Solutions Group, a portfolio company of Arsenal Capital Partners, has acquired Alkon Solutions Ltd. from Stephenson Group Ltd.
Based in Leeds, England, Alkon is a maker of anti-tack products for the rubber industry. The company brings anti-tack technology and geographic scope that complements PSG's Sasco Chemical Additives business in Albany, Ga., PSG said in a statement.
Sasco is a manufacturer or rubber anti-tack agents in North America with its PolyCoat, TechKote and Sasco Cote product lines. It was purchased by PSG in May.
“The addition of Alkon to the group broadens our anti-tack product offerings and accelerates the build-out of our global rubber additives business,” according to Mike Ivany, president and CEO of PSG. “Alkon's premium anti-tack products, customer service and support fit perfectly with Sasco's sate-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.”
Cleveland-based Flow Polymers L.L.C., a producer of specialty polymers and additives, was acquired by PSG in February.