Gelest, Inc. recently announced its acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers for use in the manufacture of contact lenses, intraocular lenses, personal care products, coatings and adhesives, and other advanced technology applications. Bimax will continue to operate under the Bimax name, and all employees will be retained in their current roles.
“The addition of Bimax is an important step in our strategic plan,” said Ken Gayer, CEO of Gelest. “Bimax strengthens our position in high-growth value-added applications, provides access to new customers and talent, and expands our production capability and R&D pipeline. Like Gelest, Bimax has a long track record of growth built over decades of developing products based on specific and unique customer needs. Bimax fits very well with our corporate culture and our philosophy of enabling our customers’ technology, and we look forward to working with the management team at Bimax going forward.”
“We are extremely pleased with the opportunity to join Gelest,” said Chris Sghibartz, Ph.D., Bimax global vice president. “The two companies are very similar in terms of their driving focus on technology, end user need and growth. We see a bright future for Bimax and its customers as part of Gelest.”