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    Home > Coatings News > Coating Additive Market > After the divestiture of Created Industries Group, we have re-established an independent company dedicated to becoming an integrated leader in methyl acrylates

    After the divestiture of Created Industries Group, we have re-established an independent company dedicated to becoming an integrated leader in methyl acrylates

    • Last Update: 2020-11-06
    • Source: Internet
    • Author: User
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    Anhong Capital completed its acquisition
    The divestiture laid the foundation for Roma's growth and continued growth
    plans to invest in technology and its base to establish it as a global market and technology leader in methyl acrylates chemistry
    "The new name Roma represents high quality and pioneering spirit" - CEO Michael Pack
    Esquire Industrial Group's methyl acrylic integration business will be classified as an independent company under Anhong Capital. With sales of 1.9 billion euros (2018) and innovative products, the company ranks among the global market leaders in methyl acrylate chemistry

    . Roma LLC wants to establish itself as a global technology leader. The company employs approximately 3,900 people at 15 production sites worldwide in germany
    (Walms, Darmstadt, Wettlestadt, Weathering and Hanau), China, the United States, Russia and South Africa.
    continue to write success stories
    "The new name Roma represents high quality and pioneering spirit," says CEO Michael Pack. The company's founding chemist, Otto Otto Rhm, is considered the father of methyl acrylate chemistry. About 85 years ago, he achieved an international breakthrough by successfully developing PLEXIGLAS, a multi-functional plastic with high light transmission. Roma lays a solid foundation in the chemical field, enabling the company to launch a comprehensive product portfolio for a wide range of applications. Today, the company supplies products to countless growth industries, including automotive, electronics and construction. "That's why we chose Roma as the name of our new company." Pack said. The company has deep historical roots, and of course, the CEO is not forgetting to look to the future.
    to further strengthen market leadership" Our aim is to further drive business growth and further strengthen market leadership through investment and targeted expansion. We have an efficient architecture, advanced technology, intelligent innovations and, equally important,
    , high-quality people and strong brands," Pack stresses. The
    expand its investment in technology and existing bases, and its integrated methyl acrylates business is trusted by Ahong Capital because of its high starting point. The new holding company is one of the largest investment companies in the world. The private equity fund has worked in the chemical industry for more than 30 years and successfully completed more than 30 transactions, with extensive investment experience in this field.
    We believe that Roma has the potential to become a global market and technology leader in methyl acrylate chemistry," said Ronald Ayles, Managing Partner and Head of Global Chemical Investment at Ahong Capital. "With the support of Anhong Capital, we can now further strengthen our market leadership by injecting significant investments into the expansion of our technology and production facilities." Pack said.
    portfolio of Roma LLC for a wide range of applications includes the world-renowned lyphosphor (Ackley) brand Bockley. Bolkry is widely used in the automotive, aircraft windows, screens or displays, building curtain walls, noise barriers or advertising signs. The forerging product that is indispensable or indispensable in the production of Bockli is methyl acrylates. Methyl acrylates are also used in the production of paints, floor coatings, adhesives and dental products. Roma's product range also includes methyl acrylic resins for the production of industrial floors and road markings, as well as cyanide for the extraction of precious metals in the mining industry.
    about Rom
    is one of the world's leading producers of methyl acrylates, with 15 production sites, approximately 3,900 employees and sales of EUR 1.9 billion (2018). With branches in Germany, China, the United States, Russia and South Africa, the medium-sized company has more than 80 years of experience in methyl acrylates chemistry and a strong technology platform. Our well-known brands include Bolker, Acrylite, DEGALAN and DEGAROUTE. Please log in for more information.
    about Anhong Capital
    Anhong Capital ("Anhong") was established in 1984 and is one of the largest and most experienced private equity funds in the world. The Company has approximately US$36 billion (EUR 31 billion) under management, in addition to US$17.5 billion (EUR 15.6 billion) raised through GGE IX (as of March 31, 2019).
    founded in Germany in 1991 and advises Anhong through its advisory team in Frankfurt. Anhong is also one of the leading private equity firms in Germany and has been investing in European companies since 1990. Anhong International LLC has so far provided investment proposals worth approximately EUR 3.1 billion for 30 investment activities. Anhong International LLC's consulting focus is focused on the following core areas: financial and business services;
    In recent years, Anchon has invested in Innio, the world's leading producer of power generation and mechanically driven/gas-compressed recidive gas engines, Deutsche Fachpfledge Gruppe ("DFG"), Germany's largest provider of out-of-hospital care services, and Concardis Payments, a leading provider of digital payment solutions (now part of Nets), which operates banks in the south-east of Europe. The network's Addiko Bank (formerly known as Hypo Group Alpe Adria), the world's largest manufacturer of industrial coating resins, allnex, Europe's leading beauty industry retailer Douglas Holding Ltd., GFKL, a German accounts receivable management service provider, and Median Kliniken, a German independent rehabilitation care provider.
    with more than 35 years of international investment experience, Anhong remains committed to its investment strategy and has worked with the management team of the invested company to achieve sustainable sales and profitable growth for its investment company. Anhong works with management teams, investment advisers, operating partners and other shareholders to shape the future for the company's portfolio and is committed to achieving its identified growth potential. Please log in for more information.
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