TIB Chemicals completed the acquisition of REAXIS.

TIB Chemicals, a mid-sized company specializing in the development, production, and distribution of high-quality chemicals, completed the acquisition of REAXIS, a manufacturer of specialty metal additives for a variety of markets. Financial terms were not disclosed. “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,” Michael Grün, TIB Chemicals CEO.