Benvic Group to acquire Chemres.

Benvic Group, a supplier of thermoplastic solutions, agreed to acquire Chemres, a global supplier of commodity and engineering resins. Financial terms were not disclosed. "Our shared culture for performance and innovation will enable us to develop new business and technical synergies, and provide us with an exciting strategic opportunity in the US market. We look forward to work closely with the management team of Chemres in the coming years to expand our operations in North America and grow our polymer expertise across sectors and in particular in the medical sector. This acquisition is an important step forward in Benvic becoming a global leader in compounding," Luc Mertens, Benvic Group CEO.