The acquisition of ICP Industrial Solutions Group (ISG), announced in February, was finalized in March. ISG is a leader in high-performance coatings for packaging applications. This transaction will strengthen Stahl’s world leadership position in high-performance coatings for flexible materials.
ISG offers a comprehensive portfolio of high-performance coatings used primarily in packaging and labeling applications, notably in the food and pharmaceutical sectors.
ISG is primarily active in North America (close to 70% of sales), where it is a recognized technical leader. ISG’s range of technologies (waterbased and energy-cured procedures), offers its customers numerous solutions to facilitate their transition to more sustainable packaging. This acquisition will put Stahl’s annual sales beyond the €1 billion mark, with an EBITDA margin of more than 20%.