Benvic strengthens in the United States
The producer of thermoplastics and biopolymers, Benvic, has completed the acquisition of West Unity, Ohio-based Trinity Specialty Compounding from Ravago Americas, via Benvic’s US division Chemres, further strengthening its presence in the US market. Trinity is a custom compounder specializing in the compounding of flame-retardant, cross-linked and specialty additive compounds for a variety of industries including wire and cable, appliances, and construction. This acquisition is another major milestone for Benvic, and fits the group’s strategy of building a customer-driven business for custom compounding services with international reach.
The acquisition of Trinity also represents a unique opportunity for Benvic’s US Division, Chemres, to consolidate its presence in the specialty compounds market and to strategically expand its manufacturing capabilities and product portfolio. With this acquisition, Chemres expects to grow its activities at the West Unity site, and strengthen the relationship with Ravago and its portfolio companies. Trinity’s customers will now benefit from all of Benvic’s compounding capabilities, both in the US and in Europe, while Trinity’s expertise in flame retardants, color matching, and polymer additive technologies will strengthen Benvic’s technological expertise and broaden the group’s product portfolio.