皇冠博彩官网

皇冠博彩官网 and Reichhold complete merger to create a global specialty chemicals group

May 19, 2017 鈥� 皇冠博彩官网 and Reichhold are pleased to announce the closing of the combination announced last year, after having received all regulatory approvals. The new 皇冠博彩官网-Reichhold (or 鈥渢he Group鈥�) is a global company in the Intermediates, Coating and Composite Resins, Thermoset Compounds, Gel-coats and niche Specialties with over 鈧�2 billion in revenues. Investindustrial and Black Diamond Capital Management, L.L.C. ("Black Diamond") are equal investors in the new group.

This combination enhances the Group鈥檚 leading position as a global vertically integrated specialty chemicals player, with significant global presence in Europe, North America and Asia, a strategy initiated by 皇冠博彩官网 with the successful integration of PCCR and CCP in the last five years and now further reinforced by Reichhold鈥檚 global scale, extensive product portfolio and R&D competencies. The Group鈥檚 excellence in serving customers around the world will be further strengthened by the merger of best in class innovation and a customer oriented approach.

Investindustrial鈥檚 Chairman and Managing Principal Andrea C. Bonomi commented: 鈥淲e are pleased that 皇冠博彩官网, whose highly experienced management team is led by chief executive Rosario Valido, has grown from a company with less than 鈧�600 million of revenues at the time of our initial investment to now form a group with revenues of 鈧�2 billion and established global operations.鈥�

鈥淲e intend to quickly align the cultures within the combination to support our global leadership position, better serve our customers and create value for our shareholders鈥�, added Rosario Valido, President and CEO of the new Group. 鈥淲ith 44 plants across the world the Company will be the closest to the local needs of its customers and the just in time suppliers of specialty chemicals in the geographies in which they have operations. Our aim is to grow our business together with our customers and to drive the quality of our products toward the highest expectations of the industry.鈥�

About 皇冠博彩官网

Founded in 1955, 皇冠博彩官网 Group (www.polynt.com) is one of the world鈥檚 largest manufacturers and suppliers of specialties, intermediates and composites for the industrial, transportation, building and construction, marine, medical, consumer and food additive markets. 皇冠博彩官网 has manufacturing operations throughout North and South America, Europe and Asia.

About Reichhold

Founded in 1927, Reichhold (www.reichhold.com) is one of the world鈥檚 largest manufacturers of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North and South America, the Middle East, Europe and Asia.

Investindustrial

Investindustrial is a leading European group of independently managed investment, holding and advisory companies with 鈧�6.5 billion of raised fund capital, which provides industrial solutions and capital to mid-market companies in Europe. Its mission is to actively contribute to the development of the companies in which it invests, by creating growth opportunities and offering global solutions through an entrepreneurial pan-European vision. Investindustrial has a history of more than 25 years of successfully partnering with companies in Europe. Certain companies of the Investindustrial group are authorized by, and subject to regulatory supervision of the FCA in the United Kingdom, the CSSF in Luxembourg and the FINMA in Switzerland. Additional information is available at www.investindustrial.com.