Ascent Industries Co. announced the completion of its acquisition of substantially all the assets of Midwest Graphic Sales and Sigma Coatings (together, “Midwest”), a specialty chemical formulator serving coatings for high-value packaging applications across food, pharmaceutical, and personal care end markets, as well as food service disposables and other consumer applications.
According to the company, the acquisition builds on Ascent’s 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.
Ascent says that the 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’s platform to drive margin expansion and accelerated growth.
As part of the transaction, Midwest’s president, Brad Eshoo, and vice president of Sales, Brian Eshoo, will continue with the business to preserve business continuity and accelerate organic growth within Ascent’s platform.