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Mergers & Acquisitions
Vertellus buys Chemtrade inorganic chemical units
by Alexander H. Tullo
October 9, 2021
| A version of this story appeared in
Volume 99, Issue 37
Vertellus Specialties has agreed to buy two businesses from the Canadian inorganic chemical maker Chemtrade Logistics for $155 million. The businesses, which make potassium chloride and vaccine adjuvants, have generated earnings before taxesof $14.3 million over the past 12 months. The KCl business is based in Midlothian, Texas, and the adjuvants unit in Berkeley Heights, New Jersey. The private equity firm Pritzker Private Capital bought Vertellus earlier this year.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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