Pritzker Private Capital-backed Vertellus, a manufacturer of specialty materials, has acquired Jarchem Innovative Ingredients, a global manufacturer and supplier of unique specialty ingredients and nature-based products.
WHO: Founded in 1978, Jarchem has a leading portfolio of proprietary, nature-based products that are increasingly popular as consumers demand all-natural alternatives. Based in Newark, NJ, the company offers a range of alternatives for traditional esters, silicones, and other products commonly used in personal care, food, and specialty industrial markets, providing cleaner, greener formulations for its customers. Jarchem stays ahead of the curve by developing functional, consumer-conscious, environmentally friendly ingredients from plant, mineral, and fermentation sources.
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.
WHY: With this acquisition, Vertellus expands its offering of environmentally friendly ingredients and brings an expanded global base of long-standing customers and a long-tenured management team with substantial technical expertise.
IN THEIR OWN WORDS: “Jarchem's high-quality portfolio of nature-based ingredients and products is an exciting addition to Vertellus," said John Van Hulle, CEO of Vertellus. "By extending our reach in high-growth specialty and personal care markets, together we will better serve our customers. We welcome the Jarchem team to the Vertellus family."
“The Jarchem team is thrilled to partner with Vertellus to bring our compelling product portfolio to more customers around the world," said Art Hein, Managing Director of Jarchem. "As consumers increasingly seek natural, healthy alternatives to conventional products, together our companies are well-positioned for long-term growth.”
“This acquisition extends Vertellus' strategic priority to further strengthen its portfolio of innovative specialty ingredients," said Thomas Chadwick, Principal at Pritzker Private Capital. "The combined company has an attractive position in high-growth markets and is poised for continued, long-term success.”
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