Wendel-backed Stahl, a chemicals company, agreed to acquire ICP Industrial Solutions Group, a packaging coatings company, for $250m. “ISG is a strong strategic fit for Stahl, given the complementary nature of our business models, technologies, and footprints. The acquisition will enhance Stahl’s growth profile, diversify our target markets, and broaden our technology base. Going forward, specialty coatings will represent approximately 75% of group sales. ISG will be able to take advantage of Stahl’s know-how and ESG leadership position to support the transition towards more sustainable value chains. We are excited about this opportunity and look forward to welcoming the excellent ISG team into the Stahl family," Maarten Heijbroek, Stahl CEO.