# CHT Group acquires ICM Silicones Group

CHT Group, a German silicone specialties supplier, acquired ICM Silicones Group, a US-based provider of silicone emulsions and elastomers. The acquisition includes ICM's subsidiaries in the US, UK, Italy, and China, doubling CHT's silicone business and re-entering the US market.

- Type: Acquisition
- Announced: 2017-08-29
- Where: Cassopolis, Michigan, United States
- Status: announced
- Products: silicone emulsions, silicone elastomers, silicone specialties
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CHT Group](https://endata.com/companies/26628.md) (acquirer)
- [ICM Silicones Group](https://endata.com/companies/26629.md) (target)
- [Century Park Capital Partners](https://endata.com/companies/26632.md) (partner)
- [Akoya Capital Partners](https://endata.com/companies/26633.md) (partner)

## Sources

- [fuelsandlubes.com](https://www.fuelsandlubes.com/businesswire/cht-group-acquires-icm-silicones-group/), 2017-08-29: "The acquisition doubles our current silicone business and positions us as a leading silicone specialities supplier globally."
- [peprofessional.com](https://peprofessional.com/tag/specialty-chemicals/page/3/), 2017-08-29: "Century Park Capital Partners and Akoya Capital Partners have sold ICM Silicones Group to CHT Group"
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=44), 2017-09-27: "CHT Group recently announced the acquisition of ICM Silicones Group; headquartered in Cassopolis, Mich."
- [everchem.com](https://everchem.com/q3-m-a/), 2017-10-12: "Century Park Capital and Akoya Capital | CHT Group | ICM Silicones (specialty silicone materials)"

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