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Safic-Alcan has acquired 100% of Rit-Chem.
September 30, 2021
By: KERRY PIANOFORTE
Editor, Coatings World
Safic-Alcan, a major distributor of specialty chemicals, has acquired 100% of Rit-Chem Co., Inc. a boutique chemical distributor specializing in the performance and life science sectors in the USA. Rit-Chem will become part of the Chemspec organization in the U.S., the American affiliate of the Safic-Alcan Group. Established in 1972 by Henry Ritell and headquartered in New York, Rit-Chem started initially supplying specialty chemicals to the paint and coatings manufacturers, before diversifying in fields such as rubber, plastic and food/feed. The acquisition of Rit-Chem is a strong step forward for our ambitions in North America, and will complement Chemspec’s current activities.
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