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13. Oct 2021 | Markets & Companies

Safic-Alcan acquires Rit-Chem

Safic-Alcan, distributor of specialty chemicals, has acquired 100% of Rit-Chem, a boutique chemical distributor specialising in the performance and life science sectors in the USA.
Rit-Chem is a independent sales agent and distributor of specialty chemicals and additives.
Image source: geralt - Pixabay (symbol image).

Rit-Chem will become part of the ChemSpec organisation in the USA, the American affiliate of the Safic-Alcan Group. Established in 1972 by Henry Ritell and headquartered in New York, Rit-Chem started initially supplying specialty chemicals to the paint and coatings manufacturers, before diversifying in fields such as rubber, plastic and food/feed.

Now, Rit-Chem is a independent sales agent and distributor of specialty chemicals and additives serving the adhesives & coatings, rubber & plastics, food & beverage, and electroplating industries.

"Step forward"

“The acquisition of Rit-chem is a strong step forward for our ambitions in North America, and will complement perfectly ChemSpec’s current activities” stated Yann Lissillour, Head of Mergers and Acquisitions for Safic-Alcan Group.

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