# Astorg to sell iGM Resins to Tianjin Guangyao Technology consortium

Astorg has signed an agreement to sell iGM Resins to a consortium led by Tianjin Jiuri New Materials, creating a global energy-curing solutions platform.

- Type: Acquisition
- Announced: 2026-11-06
- Where: Waalwijk, Netherlands, Netherlands
- Status: announced
- Products: energy-curing resins, photoinitiators
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Astorg](https://endata.com/companies/3555.md)
- [Astorg](https://endata.com/companies/3555.md) (partner)
- [Astorg Partners](https://endata.com/companies/18628.md) (partner)
- [IGM](https://endata.com/companies/20813.md) (target)
- [IGM Resins](https://endata.com/companies/26159.md) (target)
- [Tianjin Guangyao Technology Co., Ltd.](https://endata.com/companies/95652.md) (acquirer)
- [Tianjin Jiuri New Materials](https://endata.com/companies/95653.md) (acquirer)
- [Tianjin Jiuri New Materials](https://endata.com/companies/95653.md) (investor)
- [Tianjin Jiuri New Materials](https://endata.com/companies/95653.md) (partner)

## Sources

- [igmresins.com](http://www.igmresins.com/en/news-events/astorg_announces_agreement_to_sell_igm_resins), 2026-11-10: "Astorg, a leading pan-European private equity firm, today announced that it has signed an agreement to sell iGM Resins to Tianjin Guangyao Technology Co., Ltd., a consortium led by Tianjin Jiuri New Materials."
- [igmresins.com](https://igmresins.com/en/news-events/astorg_announces_agreement_to_sell_igm_resins), 2026-11-10: "Astorg ... today announced that it has signed an agreement to sell iGM Resins to Tianjin Guangyao Technology Co., Ltd., a consortium led by Tianjin Jiuri New Materials."
- [igmresins.com](https://www.igmresins.com/de/news-events/astorg_announces_agreement_to_sell_igm_resins), 2026-11-10: "Astorg, a leading pan-European private equity firm, today announced it has signed an agreement to sell iGM Resins to Tianjin Guangyao Technology Co., Ltd."
- [longbridge.com](https://longbridge.com/en/news/304985752), 2026-11-10: "The combination will pair iGM Resins’ specialty materials expertise with Jiuri’s photoinitiator technology and manufacturing capabilities."
- [privateequityinternational.com](https://www.privateequityinternational.com/astorg-agrees-sale-of-igm-resins-to-consortium-led-by-chinas-jiuri/), 2026-11-10: "We are confident that the Jiuri-led consortium is the right strategic partner to build on this progress and support iGM Resins’ future ambitions."
- [farbeundlack.de](https://www.farbeundlack.de/nachrichten/markt-branche/astorg-verkauft-igm-resins-an-chinesischen-photoinitiatoren-hersteller-jiuri/), 2026-11-10: "Astorg, a pan-European private equity firm, has announced it has signed an agreement to sell IGM Resins to Tianjin Guangyao Technology Co., Ltd., a consortium led by Tianjin Jiuri New Materials."
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/astorg-to-sell-igm-resins-to-chinese-photoinitiator-manufacturer-jiuri/), 2026-11-10: "Astorg, a pan-European private equity firm, has announced it has signed an agreement to sell IGM Resins to Tianjin Guangyao Technology Co., Ltd., a consortium led by Tianjin Jiuri New Materials."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/astorg-sells-igm-resins-to-tianjin-guangyao-technology/), 2026-11-10: "The combination with Jiuri-led consortium offers a compelling next chapter for the business, bringing together complementary expertise and providing a strong platform to serve customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.