AOC is a producer of resin chemistries for composites and cast polymer applications. AOC manufactures polyester and vinyl ester resins, gel coats, colorant dispersions and specialty additives for customers manufacturing products used in the automotive, marine, corrosion, construction and infrastructure segments, among others. The company has production facilities in the U.S., Canada, Mexico, Europe and Asia.
Upon completion of the transaction, AOC, under the ownership of CVC, plans to work closely with Swiss-based Aliancys, a manufacturer of resins and a CVC portfolio company, to create a global leader in the industry. Aliancys’ products are sold to various composites end users in the automotive, building and construction, marine and relining/CIPP sectors.
“AOC is excited about the partnership with CVC Capital Partners as the company moves forward on a new path to future growth that will allow AOC to better serve new and existing customers, strengthen our supply chain, and create additional growth opportunities for our suppliers around the world,” AOC CEO Fred Norman said.