Alpha Holdings

AOC and Aliancys have officially merged to form a new combined company named 'AOC', creating a leading global supplier of polyester and vinyl ester formulations, gel coats, and other composites materials. The merger follows CVC Capital Partners' acquisition of AOC's parent company, The Alpha Corporation, which completed on August 1, 2018.

CVC Capital Partners Fund VI has signed a definitive agreement to acquire The Alpha Corporation, the holding company of AOC, LLC, a global producer of composite formulations. The transaction is subject to regulatory approvals.

GEA Group has acquired the Italian Pavan Group, a provider of extrusion and milling technologies for pasta, snacks and cereals, with 680 employees and €155 million revenue in 2016. The transaction is subject to antitrust approval and expected to close in 2017.

Alpha Holdings has signed a 7.6 billion won ($6.6 million) contract with Hanwha Techwin to develop advanced security surveillance system semiconductors. Combined with a previous 4.1 billion won contract in January, the total reaches 11.7 billion won ($10.2 million).