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April 15, 2014, Chicago, IL – ICM Products, Inc., a platform company of Akoya Capital Partners, LLC and its sponsor partner Century Park Capital Partners, has acquired Amber Chemical Company Ltd. in a major step to expand the company's geographic and end market reach and bolster its already strong presence in specialty silicone emulsions.
Headquartered in Bridgwater, United Kingdom, Amber Chemical is a leading global solutions provider for high performance silicone emulsion and elastomer applications. The company has five separate operating subsidiaries; QSi, LLC in Richmond, Virginia; Siovation, LLC in Lawrenceville, Georgia; Treco Srl in Milan, Italy; ACC Silicones Ltd. In Bridgwater, United Kingdom: and ACC Silicones Company Ltd. in Tianjin, China. www.amberchemical.com.
Don Stanutz, Akoya Specialty Chemicals Sector Leader and Chairman of ICM Products said, "We're excited to combine these two world class companies as we strive to become a global market leader in specialty silicones. We look forward to continue building upon the strong technical capability of Amber Chemical with a relentless focus on unbeatable customer service and quality."
ICM Products is one of ten platform companies in Akoya's current portfolio and Amber Chemical is Akoya's eleventh acquisition in the last two and one-half years. "The acquisition by ICM of Amber Chemical is consistent with our investment strategy of combining world-class executives, well-positioned companies, and fully developed value creation strategies to create significant value for management and investors." said Max DeZara, Managing Partner of Akoya. www.icmproducts.com.
Akoya Capital Partners, LLC is a highly skilled private investment firm that sponsors transactions in lower and middle market businesses with attractive growth prospects. We bring together industry leaders, investment-worthy executives, and private sources of capital to execute acquisition-based strategies to create significant value for sellers, management, and investors. We are a highly experienced team with a track record of success in executing transactions and accelerating value creation.
We focus on selected industry sectors where we have deep domain and operating experience. Each of our sectors is led by an accomplished industry executive with a history of building businesses and creating value within their industry. We currently focus on investments in the following sectors; Consumer Foods, Specialty Chemicals, Professional Information Services, and Consumer Products.