Paint and coatings manufacturer Axalta Coating Systems completed the acquisition of Metalak Benelux B.V.

Specialty chemicals company Perstorp has acquired the Penta, Di-Penta and sodium formate businesses, related technology and certain assets from Koei Chemical Co. Ltd., a Japanese chemicals producer.

Ferro Corp., Mayfield Heights, OH, has completed the acquisition of Barcelona-based Nubiola for €149 million (approximately $165 million), subject to customary working capital and other purchase price adjustments.

Arsenal Capital Partners has acquired Peach State Labs Inc., Rome, GA, a leading provider of specialty polymers and chemicals. 

IGM Resins has acquired the photoinitiator business of Lamberti.

Troy Corp., Florham Park, NJ, has completed the previously announced acquisition of the industrial biocides business from Ashland Inc.

LANGGUTH ENGINEERING, Waterloo, Ontario, announced the acquisition of Associated Packaging Equipment Corp., a supplier of globally branded labeling technology including the entire portfolio of PolyClad labelers.

Huber Engineered Materials (HEM), a division of J.M. Huber Corp., has acquired the Safire™ nitrogen and phosphorus halogen-free fire retardant technology from Floridienne Group and Catena Additives, a 100 percent subsidiary of Floridienne.

Henan Billions has successfully acquired a 100-percent equity stake in rival Chinese titanium dioxide producer Lomon for $1.47 billion (RMB9 billion).

Sun Chemical Group Coöperatief UA has purchased the remaining shares held by the Druckfarben Hellas Group in their southeastern Europe region joint venture companies.