FRANKFURT, Germany/MANVEL, TX – Specialty chemicals manufacturer the HCS Group announced the acquisition of Shu-Chem Holdings Inc. (Shu-Chem), a family-owned company headquartered in Manvel, TX. The acquisition helps to grow HCS Group’s market presence in the United States and continues its international expansion.
Since its founding in 1983, Shu-Chem has been producing various alcohols and esters that are used by the pharmaceutical and printing industries. Its business model and product portfolio align well the HCS Group.