Pritzker-owned Vertellus completes acquisition of IM Chemicals
Vertellus, a manufacturer of specialty products for consumer goods, food & agriculture, healthcare, and industrial markets, announced the completion of its acquisition of IM Chemicals on October 20. Vertellus is owned by Pritzker Private Capital and management.
IM Chemicals is the intermediates and specialties division of ESIM Chemicals and a leading provider of specialty chemical products serving the pharmaceutical, coatings, and fuel & lubricant markets.
With the addition of IM Chemicals, Vertellus expands its specialty ingredients portfolio into new markets and bolsters its manufacturing capabilities in Europe. The combination strengthens Vertellus’ capability to serve its growing global customer base with market-leading specialty solutions and superior customer service.
“We are pleased to officially welcome IM Chemicals to the Vertellus family. I am confident that our shared commitment to customer satisfaction and product excellence will drive our growth and strengthen our position as a premier global provider of specialty ingredients and solutions,” said John Van Hulle, CEO of Vertellus.
Headquartered in Indianapolis, Indiana, U.S.A., 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.
About IM Chemicals
IM Chemicals is a leading producer of specialty anhydrides products used across a diverse group of end markets including coatings, pigments, construction and pharmaceutical. IM Chemicals operates a production site in Linz, Austria, with more than 150 employees.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family-owned companies.