Polymer Solutions Group has acquired Alkon Solutions Ltd to enhance its product offerings and expand its presence in the global rubber additives market.
Target Company Overview
Alkon Solutions Ltd, based in Leeds, U.K., specializes in manufacturing anti-tack products specifically for the rubber industry. This strategic acquisition by Polymer Solutions Group (PSG) enhances PSG’s existing product lineup by integrating Alkon’s innovative anti-tack technologies. Alkon's capabilities align seamlessly with PSG’s SASCO Chemical Additives Business, which is headquartered in Albany, Georgia, and is already recognized as a leading manufacturer of rubber anti-tack agents in North America.
Industry Overview in the U.K.
The rubber additives industry in the U.K. is characterized by a strong demand for specialty products that enhance the performance of rubber goods. This demand is driven by various industrial applications, including automotive, construction, and consumer goods. As sustainability becomes a focus for many manufacturers, innovations in rubber additives also support higher efficiency and eco-friendly production practices.
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Furthermore, the U.K. is home to several leading companies involved in the production of specialty chemicals and additives. These firms continuously develop cutting-edge solutions aimed at improving
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Polymer Solutions Group
invested in
Alkon Solutions Ltd
in 2023
in a Corporate VC deal