“We are pleased that Astorg has recognized IGM’s value creation strategy and look forward to partnering with them to continue our focus on providing our customers new products and technologies across the product portfolio,” said Edward Frindt, CEO of IGM. “Astorg has significant experience in the specialty chemical sector and a broad and experienced team, which will ensure a seamless transition.”

“IGM has established a truly unique position in the UV-curable materials space, thanks to its strong focus on innovation and unrivalled customer intimacy,” said Nicolas Marien, director at Astorg. “We have been impressed with what has been achieved by the brilliant and dedicated management team, enabling the company to grow significantly over the past few years. We are glad to accompany IGM during the next phase of its ambitious development plan through the provision of adequate capital resources and enhanced M&A capabilities.”

For more information, visit www.igmresins.com, www.astorg.com or www.arsenalcapital.com.