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Specialty Chemicals

CVC to acquire composites maker AOC and link it with Aliancys

by Michael McCoy
May 6, 2018 | A version of this story appeared in Volume 96, Issue 19
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The private equity firm CVC Capital Partners will acquire Alpha, owner of the composite resins company AOC. Based in Tennessee, AOC has annual sales of around $750 million from six North American facilities and others overseas that produce polyester and vinyl ester resins for use in composites. CVC says AOC will “work closely” with Aliancys, a composite resins company CVC owns jointly with the chemical maker DSM. Aliancys has sales of about $350 million from facilities in the Netherlands, France, Italy, and China.

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