TIB Chemicals AG, headquartered in Mannheim, Germany, is pleased to announce that it has reached an agreement to acquire Reaxis Inc., headquartered in McDonald, Pennsylvania. This marks the rejoining of the two entities in nearly 20 years.
Dr Michael Grün states “By acquiring Reaxis Inc., we are strengthening our presence in the North American market and reinforce our position as a global leader in tin chemicals, particularly tin catalysts. Together, TIB Chemicals AG and Reaxis Inc. are poised to continue delivering innovative solutions that meet the evolving needs of global markets.”
“We are thrilled about the reunion of Reaxis Inc and TIB Chemicals, two companies with a strong presence in metal chemicals and catalysts. With Reaxis now part of the TIB family, we are well-positioned to enhance and expand our technical solutions to meet market demands.” – Dr. Brett L Allen, President (Reaxis Inc.)
About TIB Chemicals AG: TIB Chemicals AG is a globally oriented, mid-sized company specializing in the development, production, and distribution of high-quality chemicals. With a diverse portfolio of over 1,000 products spanning basic chemicals, inorganic specialty chemicals, and coating systems, TIB serves a wide range of international customers through its locations in three countries.
About Reaxis Inc: The history of Reaxis dates back to 1965 with Pitt Processing and Manufacturing Company, later to be known as Pitt Metals and Chemicals Inc. Today, Reaxis Inc. has two manufacturing facilities, and an R&D center located in Pittsburgh, PA, where the focus is the manufacture of specialty metal additives for a variety of markets including coatings, adhesives, sealants, elastomers, metal finishing, advanced battery applications, and glass.
