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Vertellus to Acquire IM Chemicals, Expanding Its Specialty Solution Offerings
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Beauty ingredient manufacturer Vertellus to acquire IM Chemical Today, a definitive acquisition agreement was announced and, following regulatory approvals, the intermediates and specialty chemicals division of ESIM Chemicals will be part of the Vertellus business.
At the start of the year, Vertellus was itself acquired by Pritzker Private Capital, as Cosmetics Design reported. Now, as Thomas Chadwick, Principal at Pritzker Private Capital, tells the press
“The acquisition of IM Chemicals will expand Vertellus’ capabilities to deliver innovative specialty products and solutions to its customers.”
“IM Chemicals,” he says,
“is a strong fit with Vertellus’ strategy of using add-on acquisitions to accelerate growth in key markets, including health and beauty, coatings, specialty lubricants, as well as select food and crop protection markets.”