Black Diamond Capital Management-backed Polynt Group to acquire Polyprocess.

Black Diamond Capital Management-backed Polynt Group, a chemicals company, agreed to acquire Polyprocess, a major player in the transformation of polyester and vinylester resins with a complete range of gelcoats, adhesives, sealants, casting compounds, as well as all products necessary for the production of models and moulds. Financial terms were not disclosed. "Polyprocess will complement the offering product portfolio of the Polynt Group. The synergy of Polyprocess technology and experience combined with the innovation leadership of Polynt Group will contribute to the further growth in our industry, confirming our role of key-players in this industry," Rosario Valido, Polynt Group CEO.