Description: Organic anhydrides and their derivatives | Polynt Group is the world leader in the production, sales and development of organic anhydrides and their derivatives.
May 19, 2017 – Polynt and Reichhold are pleased to announce the closing of the combination announced last year, after having received all regulatory approvals. The new Polynt-Reichhold (or “the Group”) is a global company in the Intermediates, Coating and Composite Resins, Thermoset Compounds, Gel-coats and niche Specialties with over €2 billion in revenues. Investindustrial and Black Diamond Capital Management, L.L.C. ("Black Diamond") are equal investors in the new group.
This combination enhances the Group’s leading position as a global vertically integrated specialty chemicals player, with significant global presence in Europe, North America and Asia, a strategy initiated by Polynt with the successful integration of PCCR and CCP in the last five years and now further reinforced by Reichhold’s global scale, extensive product portfolio and R&D competencies. The Group’s excellence in serving customers around the world will be further strengthened by the merger of best in clas
Investindustrial’s Chairman and Managing Principal Andrea C. Bonomi commented: “We are pleased that Polynt, whose highly experienced management team is led by chief executive Rosario Valido, has grown from a company with less than €600 million of revenues at the time of our initial investment to now form a group with revenues of €2 billion and established global operations.”