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8-K primary document
ACNT · Current Report (Form 8-K) · Filed May 6, 2026

Ascent Industries Co — 8-K exhibit

midwestprsupplement_ex99.htm
Ascent Industries Co on Boardroom Alpha
midwestprsupplement_ex99
STRATEGIC ACQUISITION OF MIDWEST GRAPHIC SALES & SIGMA COATINGS Specialty formulator of customized coatings for high-value packaging, food-service, and consumer applications Exhibit 99.3

 
PRIMARY SYNERGIES INSOURCING Absorb production into underutilized assets STRATEGIC SOURCING Leverage scale to improve raw material economics COMMERCIAL EXPANSION Cross-selling Ascent portfolio; unleash innovation & growth project pipeline Converts underutilized capacity into margin while unlocking growth that was not achievable at Midwest’s standalone scale S T R A T E G I C O U T C O M E Platform-Driven Growth Unlocks revenue expansion by scaling Midwest’s offerings through Ascent’s platform, capabilities, and customer reach Improved Asset Utilization Customized, customer- and application- specific products we can insource into underutilized assets, driving operating leverage and margin expansion Strategic Fit (CaaS) Direct alignment with our CaaS strategy; expands formulation capabilities, deepens CASE participation, and enables cross- portfolio cross-selling Durable, Embedded Demand Long-tenured customer relationships with high switching costs, supporting recurring revenue and earnings stability Execution-Driven Upside Value supported by current earnings, with incremental upside from strategic sourcing, vertical integration, and customer expansion, not required to justify the base case Revenue & Innovation Continuity Retention of key commercial leadership preserves customer relationships, pipeline, and product development - protecting and extending the growth trajectory W H Y T H I S C R E A T E S V A L U E Acquisition of Midwest Graphic Sales & Sigma Coatings A 40+ year family-owned innovator and specialty formulator of customized coatings for high-value packaging, food-service, and consumer applications Transaction Overview $1.05 MM ESCROW HELD FOR 18 MONTHS 7.5% $14.00 MM PURCHASE PRICE Transaction Summary $12.95 MM CASH AT CLOSE 92.5%

 
Midwest Graphic Sales & Sigma Coatings High-value coatings for packaging, foodservice, and consumer applications

 
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