Business Standard

A COMMERCIAL FEATURE

What's this ?

Commercial Feature is a Business Standard Digital Marketing Initiative.

The Editorial/Content team at Business Standard has not contributed to writing or editing these articles.

For further information, please write to assist@bsmail.in

Vertellus buys fine chemical maker Pentagon Chemicals

The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life science chemistries

BS B2B Bureau  |  Indianapolis, Indiana (USA) 

The US-base Vertellus, one of the leading global producers of pyridine and pyridine derivative chemicals, has purchased Pentagon Chemicals (Holdings) UK Ltd, a leading manufacturer of fine and specialty chemicals used in the life sciences industry. The acquisition significantly expands Vertellus’ manufacturing presence in the agrochemical and pharmaceutical sectors and positions Vertellus to complement its current chemistries with UK-based Pentagon’s strong capabilities in phosgenation, chlorination, Grignard and sodium dispersion, among others.
 
The transaction is expected to boost earnings of Vertellus Specialty Materials division approximately 20 percent, contributing to a 13 percent increase in total company revenue. The acquisition of Pentagon is part of Vertellus’ vision to expand its Specialty Materials footprint in the life science sector through both organic growth and strategic acquisitions. Revenues from life science applications represent more than 65 percent of the company’s total revenue, and Vertellus expects the acquisition will significantly increase its agriculture chemical and pharmaceutical business.
 
According to Rich Preziotti, CEO, Vertellus, the company was impressed with Pentagon’s expertise in producing high value reagents used to produce complex intermediate and active molecules combined with Pentagon’s market leading position as a supplier of maleic anhydride derivatives that complement Vertellus’ alkenyl succinic anhydrides (ASA) business.
 
“The complementary chemical expertise between the two businesses also aligns with their manufacturing locations. Beyond the chemistry fit, Pentagon operates two UK manufacturing sites which build upon Vertellus’ position in the UK. Having three sites in close proximity to each other will enable us to build a robust infrastructure to support additional growth,” added Preziotti.
 
Vertellus is a specialty chemicals company focused on the manufacture of ingredients used in pharmaceuticals, personal care, nutrition, agriculture, and a host of other market areas. It is the global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and a world leader in vitamin B3 and citrate polymer additives and systems.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, November 04 2014. 20:45 IST
RECOMMENDED FOR YOU

Vertellus buys fine chemical maker Pentagon Chemicals

The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life science chemistries

The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life science chemistries The US-base Vertellus, one of the leading global producers of pyridine and pyridine derivative chemicals, has purchased Pentagon Chemicals (Holdings) UK Ltd, a leading manufacturer of fine and specialty chemicals used in the life sciences industry. The acquisition significantly expands Vertellus’ manufacturing presence in the agrochemical and pharmaceutical sectors and positions Vertellus to complement its current chemistries with UK-based Pentagon’s strong capabilities in phosgenation, chlorination, Grignard and sodium dispersion, among others.
 
The transaction is expected to boost earnings of Vertellus Specialty Materials division approximately 20 percent, contributing to a 13 percent increase in total company revenue. The acquisition of Pentagon is part of Vertellus’ vision to expand its Specialty Materials footprint in the life science sector through both organic growth and strategic acquisitions. Revenues from life science applications represent more than 65 percent of the company’s total revenue, and Vertellus expects the acquisition will significantly increase its agriculture chemical and pharmaceutical business.
 
According to Rich Preziotti, CEO, Vertellus, the company was impressed with Pentagon’s expertise in producing high value reagents used to produce complex intermediate and active molecules combined with Pentagon’s market leading position as a supplier of maleic anhydride derivatives that complement Vertellus’ alkenyl succinic anhydrides (ASA) business.
 
“The complementary chemical expertise between the two businesses also aligns with their manufacturing locations. Beyond the chemistry fit, Pentagon operates two UK manufacturing sites which build upon Vertellus’ position in the UK. Having three sites in close proximity to each other will enable us to build a robust infrastructure to support additional growth,” added Preziotti.
 
Vertellus is a specialty chemicals company focused on the manufacture of ingredients used in pharmaceuticals, personal care, nutrition, agriculture, and a host of other market areas. It is the global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and a world leader in vitamin B3 and citrate polymer additives and systems.
image
Business Standard
177 22

Vertellus buys fine chemical maker Pentagon Chemicals

The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life science chemistries

The US-base Vertellus, one of the leading global producers of pyridine and pyridine derivative chemicals, has purchased Pentagon Chemicals (Holdings) UK Ltd, a leading manufacturer of fine and specialty chemicals used in the life sciences industry. The acquisition significantly expands Vertellus’ manufacturing presence in the agrochemical and pharmaceutical sectors and positions Vertellus to complement its current chemistries with UK-based Pentagon’s strong capabilities in phosgenation, chlorination, Grignard and sodium dispersion, among others.
 
The transaction is expected to boost earnings of Vertellus Specialty Materials division approximately 20 percent, contributing to a 13 percent increase in total company revenue. The acquisition of Pentagon is part of Vertellus’ vision to expand its Specialty Materials footprint in the life science sector through both organic growth and strategic acquisitions. Revenues from life science applications represent more than 65 percent of the company’s total revenue, and Vertellus expects the acquisition will significantly increase its agriculture chemical and pharmaceutical business.
 
According to Rich Preziotti, CEO, Vertellus, the company was impressed with Pentagon’s expertise in producing high value reagents used to produce complex intermediate and active molecules combined with Pentagon’s market leading position as a supplier of maleic anhydride derivatives that complement Vertellus’ alkenyl succinic anhydrides (ASA) business.
 
“The complementary chemical expertise between the two businesses also aligns with their manufacturing locations. Beyond the chemistry fit, Pentagon operates two UK manufacturing sites which build upon Vertellus’ position in the UK. Having three sites in close proximity to each other will enable us to build a robust infrastructure to support additional growth,” added Preziotti.
 
Vertellus is a specialty chemicals company focused on the manufacture of ingredients used in pharmaceuticals, personal care, nutrition, agriculture, and a host of other market areas. It is the global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and a world leader in vitamin B3 and citrate polymer additives and systems.

image
Business Standard
177 22