VanDeMark Acquires Framochem
VanDeMark Chemical Inc. recently announced it has acquired Framochem Kft, a leading European-based manufacturer of phosgene products based in Hungary. The acquisition reportedly creates one of the world’s largest independent manufacturers of products based on phosgenation chemistry. These compounds are used in the pharmaceutical, agricultural-chemical, personal care, polymer and fine chemical industries.
“This acquisition combines a North American leader with a European leader to give us greater size and scale across more geographies,” said Michael Kucharski, CEO of VanDeMark Chemical. “By combining these two companies, we are marrying VanDeMark’s particular strengths in the custom side of the market with Framochem’s substantial offering in the catalog chemical business—all of which makes a compelling, single-source offering for our customers for phosgene products worldwide.”