- The new group has over €2 billion in revenues.
- Investindustrial and Black Diamond are equal investors.
- The merger enhances global presence in Europe, North America, and Asia.
- The group includes 44 plants worldwide.
Merger Completion
Polynt and Reichhold have completed their merger, forming a new global specialty chemicals group with over €2 billion in revenues. The merger follows the receipt of all necessary regulatory approvals.
Global Presence and Capabilities
The new group, Polynt-Reichhold, operates in Intermediates, Coating and Composite Resins, Thermoset Compounds, Gel-coats, and niche Specialties. It has a significant presence in Europe, North America, and Asia, with 44 plants worldwide.
Investment and Strategy
Investindustrial and Black Diamond Capital Management are equal investors in the new group. The merger enhances the group's vertically integrated specialty chemicals capabilities, building on Polynt's previous integrations of PCCR and CCP.
Leadership and Vision
Rosario Valido, President and CEO of the new group, emphasized the goal of aligning cultures within the combined entity to support global leadership, better serve customers, and create shareholder value. The group aims to grow alongside its customers and meet high industry standards for product quality.