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Arsenal Capital Partners (New York) today announced that its specialty polymers and additives platform, Polymer Solutions Group (PSG), acquired Flow Polymers LLC (Cleveland, OH), a global provider of specialty additives and dispersions to a number of polymer and plastics end markets, from Geneva Glen Capital. PSG was formed by Arsenal in June 2015 with the acquisition of Peach State Labs Inc. (Rome, GA), a provider of specialty polymers and performance chemicals.

PlasticsToday Staff

February 22, 2016

1 Min Read
Polymer Solutions acquires Flow Polymers, boosts presence in automotive, industrial applications

handshakeFlow Polymers manufactures proprietary and custom chemical dispersions, process aids and homogenizing agents for tire, automotive, industrial products, wire and cable and plastics markets.

"Flow Polymers builds on our strategy to create a diversified leader of high-value niche solutions serving customers in the polymers and plastics end markets," said Sal Gagliardo, an Operating Partner in Arsenal's Specialty Industrials Group. "Flow Polymers has a strong presence in automotive and industrial applications while Peach State Labs provides a number of unique technologies to the construction and lubricants market. We are excited to partner with Mike Ivany and his team to continue to grow the PSG platform."

Mike Ivany, President and Chief Executive Officer of Flow Polymers, a veteran with more than 30 years of experience in the chemical industry, will serve as President and Chief Executive Officer of PSG. "Building on successful, long-term growth and leveraging the technical expertise and market leadership of both Flow Polymers and Peach State Labs gives PSG a great foundation from which we will continue to grow," said Ivany.

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