ATLANTA (April 29, 2016) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce the firm’s representation of SASCO Chemical Group, Inc. (SASCO Chemical) and its shareholders in the company’s acquisition by Arsenal Capital Partners. The transaction joins SACSO Chemical with Arsenal’s specialty polymers and additives platform, Polymer Solutions Group (PSG).
The acquisition combines the high value products, unmatched customer service, extensive research and innovative new offerings that SASCO Chemical and the PSG group of companies each bring to enhance the platform. The unique combination will continue SASCO Chemical’s global expansion in the anti-tack business.
The SGR legal team acting on behalf of SASCO Chemical included Partners Jay Schwartz and Julie Sebastian and Associate Emily Cook in SGR’s Atlanta Corporate and Mergers and Acquisitions Practice Groups and Partner Andrew Fawbush and Associate Brandon Sherlinski in SGR’s Jacksonville Employee Benefits Practice. In addition, Partner David Santi and Associate Steven Richman in the Atlanta Tax Law Practice and Partner Phillip Hoover in the Atlanta Environmental Law Practice were on the SGR team.
Genesis Capital, LLC acted as financial advisor to SASCO Chemical.
About SASCO Chemical Group, Inc.
SASCO Chemical, a third generation family business, is a leading manufacturer and developer of proprietary specialty chemicals, release agents and colorants, for use in the rubber, wood, consumer and medical industries. The Company produces more than 1,200 products at its facilities in Albany, Georgia and distributes them globally. SASCO also operates a state-of-the-art research and development center in Macon, Georgia. SASCO’s primary products are industry-leading rubber anti-track agents that are sold throughout North and South America, Europe and Asia.
About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 200 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, construction and employment law. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, New York, Washington, D.C. and Frankfurt, Germany.