ICIG completed the acquisition of Benvic Compounds from Investindustrial and Benvic Group.

International Chemical Investors Group, a chemicals company, completed the acquisition of Benvic Compounds, a polymers manufacturer, from Investindustrial, a private equity firm, and Benvic Group, a specialty chemical group. Financial terms were not disclosed. "Benvic has been transformed under Investindustrial’s ownership over the last four years. Together we have taken the company to the next stage of its development, strengthening our global position in the compounding industry and improving our product offering to our customers through ongoing R&D and expansion into solutions for new applications. We look forward to further accelerating this growth with International Chemical Investors Group, who we consider to be an excellent partner to support Benvic in our next phase of development," Luc Mertens, Benvic CEO.