# ICP Group acquires ASTEC fluid-applied systems brand

Innovative Chemical Products (ICP Group) acquired ASTEC, a brand of fluid-applied membrane systems for roofs, walls and industrial surfaces. The deal expands ICP's building solutions portfolio.

- Type: Acquisition
- Announced: 2019-03-11
- Where: Andover, Massachusetts, United States
- Status: completed
- Products: fluid-applied membrane systems, roof coatings, industrial coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Innovative Chemical Products Group](https://endata.com/companies/5868.md) (acquirer)
- [ASTEC](https://endata.com/companies/37923.md) (target)
- [Benefect](https://endata.com/companies/37984.md) (target)

## Sources

- [icpgroup.com](https://www.icpgroup.com/astec-is-now-part-of-icp-building-solutions-group/), 2019-03-11: "The acquisition of ASTEC is exciting for ICP and helps us strengthen our comprehensive building products portfolio to benefit all of our customers and channel partners."
- [icpgroup.com](https://www.icpgroup.com/innovative-chemical-products-acquires-benefect-a-leading-supplier-of-botanical-disinfectants/), 2019-03-13: "The acquisition of Benefect provides new opportunities to strengthen our total offering to our customers and channel partners."
- [roofingcontractor.com](https://www.roofingcontractor.com/articles/93574-innovative-chemical-products-acquires-astec), 2019-03-26: "Innovative Chemical Products (ICP Group) has acquired ASTEC, a leading brand of fluid-applied membrane systems for the sustainable restoration of roofs, walls, tanks, piping, ductwork and other industrial surfaces."

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