Vertellus Acquires Polyscope Polymers | Business
INDIANAPOLIS–(Company WIRE)–Jan 31, 2022–
Vertellus, a manufacturer of specialty materials for numerous personal treatment, functionality coatings, polymer additives, healthcare and meals & beverage markets, right now declared it has obtained Polyscope Polymers B.V. (“Polyscope”), a world chief in specialty additives for coatings, electronics apps and engineering polymers. With the addition of Polyscope’s complementary products portfolio and state-of-the-art manufacturing capabilities, Vertellus expands its European production capabilities and extends its arrive at in high-advancement stop markets.
Polyscope is a world wide leader in the growth and manufacturing of styrene maleic anhydride (SMA®) copolymers essential for products programs across the digital, automotive and specialty coatings & ink markets. With its revolutionary know-how and engineering capabilities, Polyscope is effectively-positioned to capitalize on growth in these growing marketplaces. Polyscope operates a point out-of-the-art creation facility strategically situated in Geleen, The Netherlands, and serves as a critical partner to additional than 300 prospects across in excess of 35 international locations.
John Van Hulle, CEO of Vertellus, reported, “Polyscope adds a complementary portfolio of high-excellent alternatives, a observe file of innovation and a globe-class international platform in eye-catching close markets to Vertellus. Jointly we will serve our buyers with a special product or service presenting and our shared price-pushed method. I am happy to welcome the Polyscope crew to Vertellus.”
Patrick Muezers, Polyscope CEO, said, “Vertellus is the suitable husband or wife to assist the company’s following section of development and innovation. We will be equipped to leverage Vertellus’ world wide means, abilities and strong industry management to far better serve our shoppers and provide our significant-top quality merchandise to supplemental prospects all through our markets.”
Thomas Chadwick, Principal at Pritzker Non-public Funds, extra, “This very strategic acquisition strengthens Vertellus’ world system and positions the blended business for expansion. We seem forward to continuing to guidance the Vertellus and Polyscope teams as they serve consumers with revolutionary, significant-good quality merchandise and companies.”
Indianapolis-dependent Vertellus is owned by Pritzker Personal Funds and administration.
About Vertellus
Vertellus is a foremost world company of specialty components and vital components for fundamental client requirements. With a developing portfolio of answers, Vertellus is focused to turning out to be the most popular world wide supplier of specialty elements and revolutionary products that greatly enhance quality of lifetime, help wellbeing and wellness and permit buyers to provide price-extra solutions. Vertellus technology can be identified in individual care solutions, prescription drugs, professional medical products, nutraceuticals, food stuff & beverages, overall performance coatings, transportation additives and extra. Headquartered in Indianapolis and started in 1857, Vertellus has far more than 1,300 workforce throughout 15 worldwide study and manufacturing amenities. Vertellus is a Dependable Care® organization. For additional data, go to www.vertellus.com.
About Polyscope
Polyscope is a international leader in the analysis, improvement, and manufacturing of styrene maleic anhydride (SMA®) copolymers, a vital content for item programs in high-advancement electronics, automotive, coatings and inks end marketplaces. The firm offers a broad selection of SMA® and SMANPMI co- and terpolymers and compounds for engineering plastic and specialty chemical purposes beneath the trade names XIRAN® and XILOY™. Polyscope’s world-wide purchaser base is supported by generation and study & growth done in Geleen, The Netherlands, and with neighborhood compounding, contract manufacturing amenities and income and promoting guidance in Europe, North America, and Asia. For extra info, see www.polyscope.eu.
About Pritzker Non-public Funds
Pritzker Private Money companions with center-market organizations based mostly in North The usa with primary positions in the produced merchandise and companies sectors. The firm’s differentiated, extensive-length money foundation will allow for productive selection-making, wide overall flexibility with transaction structure and financial investment horizon, and alignment with all stakeholders. Pritzker Non-public Funds builds firms for the lengthy time period and is an ideal companion for entrepreneur and family owned companies. Pritzker Personal Funds is a signatory to the United Nations Rules for Dependable Financial investment (PRI). For much more information and facts, stop by www.ppcpartners.com.
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Contact: Media:
Abernathy MacGregor
Dan Scorpio / Kyla MacLennan
(312) 640-3111 / 646.939.3062
[email protected]/[email protected]
Key phrase: EUROPE UNITED STATES NETHERLANDS NORTH The us INDIANA
Marketplace Search phrase: AUTOMOTIVE Production Production OTHER Manufacturing ENGINEERING Chemical compounds/PLASTICS
Source: Vertellus
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PUB: 01/31/2022 07:00 AM/DISC: 01/31/2022 07:02 AM
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