CVC Capital Partners reportedly plans to sell AOC Resins to an affiliate of private equity firm Lone Star Funds.
AOC, based in Schiphol, The Netherlands, supplies unsaturated polyester resins, vinyl ester resins, and other solutions for applications in coatings and protective barriers, colorants and visual effects, adhesives, and conventional composite resins.
‘AOC aligns well with Lone Star's portfolio of specialty chemical and manufacturing businesses, which have adopted similar approaches to value-add product delivery,’ said Donald Quintin, president at Lone Star. ‘We look forward to the envisaged partnership with the AOC team as the company continues to execute its growth strategy.’
This story uses material from AOC, with editorial changes made by Materials Today.