Specialty materials manufacturer Vertellus has acquired Polyscope Polymers B.V., a global leader in specialty additives for coatings, electronics applications, and engineering polymers.
Polyscope is a global leader in the development and production of styrene maleic anhydride (SMA®) copolymers necessary for product applications across the electronic, automotive and specialty coatings & ink markets. With its innovative technology and engineering capabilities, Polyscope is well-positioned to capitalize on growth in these expanding markets. Polyscope operates a state-of-the-art production facility strategically located in Geleen, The Netherlands, and serves as a key partner to more than 300 customers across over 35 countries.
Vertellus is a leading global manufacturer of specialty materials and key ingredients for fundamental consumer necessities. Vertellus technology can be found in personal care products, pharmaceuticals, medical devices, nutraceuticals, food & beverages, performance coatings and transportation additives. Headquartered in Indianapolis and founded in 1857, Vertellus has more than 1,300 employees across 15 international research and manufacturing facilities.
Achim Mauruschat and Rüdiger Funke, senior advisors to CCD Partners, and others from the team at JF Chemical Associates, advised Polyscope’s management on this transformational project. CCD Partners introduced Achim and Rüdiger to Polyscope and provided support for the project.
John Van Hulle, CEO of Vertellus, commented:
“Polyscope adds a complementary portfolio of high-quality solutions, a track record of innovation and a world-class global platform in attractive end markets to Vertellus. Together we will serve our customers with a unique product offering and our shared value-driven approach. I am pleased to welcome the Polyscope team to Vertellus.”
Achim Mauruschat, Senior Advisor to CCD Partners, commented:
“We were first selected to support management in identifying strategic options moving forward. Alongside Rothschild & Co., we have then provided advice and contents in the development of much of the material to position Polyscope in the best possible way for strategic options – emphasizing the strong potential of the company’s many solutions and activities. Futhermore, we have supported Polyscope in prioritizing and selecting final candidates as well as in identifying and promoting synergies with potential strategic partners.”
Patrick Muezers, Polyscope CEO, commented:
“Vertellus is the ideal partner to support the company’s next phase of growth and innovation. We will be able to leverage Vertellus’ global resources, capabilities and strong market leadership to better serve our customers and bring our high-quality products to additional customers throughout our markets.”
Thomas Chadwick, Principal at Pritzker Private Capital, commented:
“This highly strategic acquisition strengthens Vertellus’ global platform and positions the combined company for growth. We look forward to continuing to support the Vertellus and Polyscope teams as they serve customers with innovative, high-quality products and services.”
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