Arsenal Capital Partners has acquired chemical manufacturer Sasco Chemical Group through its portfolio company, Polymer Solutions Group. PSG was formed by Arsenal in June, when the private equity firm acquired specialty polymers and performance chemical maker Peach State Labs. Albany, Georgia-based Sasco Chemical manufactures rubber anti-tack agents. Its products lines include PolyCoat, TechKote and Sasco Cote. Sasco also has a research and development center in Macon, Georgia, which produces more than 1,200 products for global distribution. PSG CEO Mike Ivany says the acquisition strengthens the company’s position in the rubber additive markets. Sasco president Marc Skalla and chief operating officer Rusty Skalla will remain involved in the organization. Since its formation, Arsenal’s PSG also acquired Flow Polymers LLC, which manufactures custom chemical dispersions, process aids and homogenizing agents and for tire, automotive, industrial products, wire and cable and plastics markets, from Geneva Glen Capital for an undisclosed amount. For the Sasco Chemical acquisition, PSG was advised by law firm Kirkland & Ellis. PSG’s existing lenders Twinbrook Capital and Kayne Anderson provided debt financing for the transaction. Genesis Capital acted as financial adviser to Sasco Chemical. PSG's purchase of Sasco Chemical adds the firm's name to the growing list of M&A deals in the sector. In April, chemicals provider Lanxess AG (ETR: LXS) announced plans to purchase the Chemours Co.’s (NYSE: CC) clean and disinfectant business and Advent International said it will acquire chemicals producer Viakem SA de CV. For more on deals in the chemicals sector, see Chemical Makers Keep Drawing Buyers.