Vertellus To Acquire Specialty Chemical Businesses From Chemtrade, Expanding Specialty Ingredients Capabilities In The Healthcare And Pharmaceutical Sectors
Vertellus To Acquire Specialty Chemical Businesses From Chemtrade, Expanding Specialty Ingredients Capabilities In The Healthcare And Pharmaceutical Sectors
09/30/21, 11:01 AM
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Vertellus, a manufacturer of specialty products for various consumer goods, food & agriculture, healthcare, and industrial markets, today announced it has signed a definitive agreement to acquire certain businesses of Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade”). This acquisition will expand Vertellus’ capabilities to manufacture and develop specialty ingredients in high-growth healthcare and pharmaceutical sectors.
Company Info
Company info
Headquartered in Indianapolis, The Vertellus group of companies was originally founded in 1857 as a manufacturer of niche specialty products. Today, Vertellus is one of the largest providers of unique specialty chemicals used in diverse applications, processes, and market sectors, including personal care, healthcare, food & agriculture, performance coatings, paper additives, infrastructure, and industrial specialties. With 1,000+ employees, Vertellus serves customers across the globe from 10 international manufacturing facilities. Vertellus is a Responsible Care® company. For more information, www.vertellus.com.