Astorg agrees to sell IGM Resins to Tianjin-led consortium
1 report, 1 independent
Updated Tue 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Astorg signed an agreement to sell IGM Resins to a consortium led by Tianjin Jiuri New Materials, specifically Tianjin Guangyao Technology Co., Ltd. The transaction is expected to close in the first quarter of 2027, pending regulatory approvals. Until the deal is complete, IGM Resins and the consortium will continue to operate separately.
Why it matters
The acquisition is intended to establish a global platform for energy-curing solutions by combining the complementary expertise of IGM Resins in photoinitiators and oligomers with the capabilities of Tianjin Jiuri New Materials in UV-curable materials. IGM Resins supplies materials for the global coatings, inks, and advanced materials market.
Who's involved
- TianjinLocation where the acquisition strengthens the local manufacturing and R&D base.
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The entities involved
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Tianjin
municipality of China
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