{"id":959233,"date":"2026-05-06T17:56:49","date_gmt":"2026-05-06T21:56:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-completes-acquisition-of-midwest-graphic-sales\/"},"modified":"2026-05-06T17:56:49","modified_gmt":"2026-05-06T21:56:49","slug":"ascent-industries-co-completes-acquisition-of-midwest-graphic-sales","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-completes-acquisition-of-midwest-graphic-sales\/","title":{"rendered":"Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales<\/b><\/p>\n<p class=\"bwalignc\"><i>Advances Chemicals-as-a-Service strategy and expands formulation capabilities in high-value packaging applications<\/i><\/p>\n<p>SCHAUMBURG, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAscent Industries Co. (NASDAQ: ACNT) today announced the successful completion of its acquisition of substantially all the assets of Midwest Graphic Sales and Sigma Coatings (together, \u201cMidwest\u201d), a specialty chemical formulator serving coatings for regulated, high-value packaging applications across food, pharmaceutical, and personal care end markets, as well as foodservice disposables and other consumer applications.<\/p>\n<p>\nThe acquisition builds on Ascent\u2019s transition to a pure-play specialty chemicals company and recent organic growth momentum, including nearly double-digit growth in the first quarter of 2026 versus the prior year.<\/p>\n<p>\nThe transaction adds customer-embedded, formulation-driven demand across food, pharmaceutical, personal care, and consumer packaging applications, supported by customized solutions, strong margins, and long-tenured customer relationships that can be scaled across Ascent\u2019s platform to drive margin expansion and accelerated growth.<\/p>\n<p>\nThe acquisition directly supports Ascent\u2019s Chemicals-as-a-Service (\u201cCaaS\u201d) strategy and is expected to:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nEnhance formulation and application capabilities across coatings, inks, and packaging end markets<\/p>\n<\/li>\n<li>\nExpand participation in CASE, with a focus on high-value packaging applications<\/p>\n<\/li>\n<li>\nDrive cross-selling across Ascent\u2019s existing portfolio and customer base<\/p>\n<\/li>\n<li>\nIncrease margin profile through a higher-value, formulation-driven product mix<\/p>\n<\/li>\n<li>\nEnable future insourcing into Ascent\u2019s manufacturing network<\/p>\n<\/li>\n<\/ul>\n<p>\nThe acquisition is underpinned by Midwest\u2019s existing book of business, with upside expected from strategic sourcing, vertical integration, and commercial expansion.<\/p>\n<p>\nAs part of the transaction, Midwest\u2019s President, Brad Eshoo, and VP of Sales, Brian Eshoo, will continue with the business. Together, they represent the core growth and innovation engine of Midwest, owning key customer relationships, commercial momentum, and the product development pipeline. Their continued leadership is expected to preserve business continuity and accelerate organic growth within Ascent\u2019s platform.<\/p>\n<p><b>Management Commentary<\/b><\/p>\n<p>\n\u201cMidwest is exactly what we are building at Ascent, a high-value, customer-embedded business driven by formulation, service, and execution,\u201d said J. Bryan Kitchen, President and Chief Executive Officer. \u201cThis transaction adds durable, customized demand that we can scale across our platform, strengthening our margin profile while accelerating growth.\u201d<\/p>\n<p>\nBrad Eshoo, President of Midwest Graphic Sales, added, \u201cWe\u2019ve spent decades building a business centered on solving customer problems through formulation, service, and trust,\u201d said Brad Eshoo. \u201cAscent shares that mindset, and their platform provides the scale and capabilities to accelerate our next phase of growth.\u201d<\/p>\n<p>\nThe Company expects the transaction to be immediately accretive to both cash and Adjusted EBITDA.<\/p>\n<p>\nThe acquisition was funded with cash on hand. Additional details on the Midwest transaction are available in the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.ascentco.com%2Fcompany-information%2Fpresentations&amp;esheet=54530758&amp;newsitemid=20260506964270&amp;lan=en-US&amp;anchor=presentations+section&amp;index=1&amp;md5=6286d1a90bf67330e06bfa6bebb3fa92\">presentations section<\/a> on the Company\u2019s investor relations website.<\/p>\n<p><b><span class=\"bwuline\">About Ascent Industries Co.<\/span><\/b><\/p>\n<p>\nAscent Industries Co. (Nasdaq: ACNT) is a specialty chemicals platform delivering differentiated, performance-driven chemical solutions. For more information about Ascent, please visit its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ascentco.com&amp;esheet=54530758&amp;newsitemid=20260506964270&amp;lan=en-US&amp;anchor=www.ascentco.com&amp;index=2&amp;md5=67b6bfb387eff49079633a6cef4a0edd\">www.ascentco.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About Midwest Graphic Sales and Sigma Coatings<\/span><\/b><\/p>\n<p>\nMidwest Graphic Sales and Sigma Coatings (together, \u201cMidwest\u201d) is a specialty chemical formulator focused on coatings, inks, and high-value packaging applications across food, pharmaceutical, personal care, and consumer end markets. Founded more than 40 years ago, the business has evolved from a technical distributor into a formulation-driven platform, partnering closely with customers on product development, application-specific chemistry, and technical service.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260506964270r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260506964270\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260506964270\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>1-630-844-9181<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@ascentco.com\">investorrelations@ascentco.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Chemicals\/Plastics Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260506964270\/en\/2797409\/3\/Ascent_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales Advances Chemicals-as-a-Service strategy and expands formulation capabilities in high-value packaging applications SCHAUMBURG, Ill.&#8211;(BUSINESS WIRE)&#8211; Ascent Industries Co. (NASDAQ: ACNT) today announced the successful completion of its acquisition of substantially all the assets of Midwest Graphic Sales and Sigma Coatings (together, \u201cMidwest\u201d), a specialty chemical formulator serving coatings for regulated, high-value packaging applications across food, pharmaceutical, and personal care end markets, as well as foodservice disposables and other consumer applications. The acquisition builds on Ascent\u2019s transition to a pure-play specialty chemicals company and recent organic growth momentum, including nearly double-digit growth in the first quarter of 2026 versus the prior year. The transaction adds customer-embedded, formulation-driven demand across food, pharmaceutical, personal care, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-completes-acquisition-of-midwest-graphic-sales\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-959233","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ascent-industries-co-completes-acquisition-of-midwest-graphic-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ascent Industries Co. Completes Acquisition of Midwest Graphic Sales Advances Chemicals-as-a-Service strategy and expands formulation capabilities in high-value packaging applications SCHAUMBURG, Ill.&#8211;(BUSINESS WIRE)&#8211; Ascent Industries Co. (NASDAQ: ACNT) today announced the successful completion of its acquisition of substantially all the assets of Midwest Graphic Sales and Sigma Coatings (together, \u201cMidwest\u201d), a specialty chemical formulator serving coatings for regulated, high-value packaging applications across food, pharmaceutical, and personal care end markets, as well as foodservice disposables and other consumer applications. The acquisition builds on Ascent\u2019s transition to a pure-play specialty chemicals company and recent organic growth momentum, including nearly double-digit growth in the first quarter of 2026 versus the prior year. The transaction adds customer-embedded, formulation-driven demand across food, pharmaceutical, personal care, &hellip; Continue reading &quot;Ascent Industries Co. 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(NASDAQ: ACNT) today announced the successful completion of its acquisition of substantially all the assets of Midwest Graphic Sales and Sigma Coatings (together, \u201cMidwest\u201d), a specialty chemical formulator serving coatings for regulated, high-value packaging applications across food, pharmaceutical, and personal care end markets, as well as foodservice disposables and other consumer applications. The acquisition builds on Ascent\u2019s transition to a pure-play specialty chemicals company and recent organic growth momentum, including nearly double-digit growth in the first quarter of 2026 versus the prior year. The transaction adds customer-embedded, formulation-driven demand across food, pharmaceutical, personal care, &hellip; Continue reading \"Ascent Industries Co. 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