Merger of Reichhold and Polynt Creates Global Specialty Chemicals Group
GREENWICH, CT - Reichhold and Polynt announced the completion of the merger of the two companies. With more than €2 billion in revenue, the new Polynt-Reichhold is a global company in intermediates, coating and composite resins, thermoset compounds, gelcoats, and niche specialties. Black Diamond Capital Management L.L.C. and Investindustrial are equal investors in the new group.
This combination enhances Polynt-Reichhold's leading position as a global, vertically-integrated specialty chemicals player, with significant presence in North America, Europe and Asia, based on Reichhold's global scale, extensive product portfolio, and R&D competencies, now further reinforced by Polynt with the successful integration of PCCR and CCP in the last five years.