Vertec BioSolvents Acquired by Shrieve Chemical | Manufacturing M&A Deal

Shrieve Chemical has completed the acquisition of Vertec BioSolvents, a chemical manufacturing business in Connecticut, for $5.1 billion. Vertec BioSolvents produces bio-based solvents used across industrial manufacturing, supporting performance and sustainability needs in chemical manufacturing. Shrieve Chemical acquisitions expand its specialty chemical portfolio through a strategic acquisition focused on solvent supply and customer applications in CT acquisitions. This strategic acquisition is part of manufacturing M&A and manufacturing deals CT, with reported consideration of $2.0 billion and a total deal value of $5.1 billion, reflecting a strategic acquisition and acquisition acquisition approach.