Chemical Resources Inc.
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Chemical Resources Inc. - overview
Established
1995
Location
Princeton, NJ, US
Primary Industry
Chemicals
About
Based in New Jersey, US, and founded in 1995 by President and CEO Paul Keimig, Chemical Resources Inc. , doing business as ChemRes, is a polymer material, services, and solutions provider. The company has a compounding facility and warehouse located in Chesapeake, VA. In 2019, Charter Oak recapitalized ChemRes, then sold the company to Benvic in 2021.
ChemRes is a provider of specialty polymers, such as commodity and engineering resins, custom formulated compounds, concentrates, and masterbatches to the medical, packaging, and wire and cable, recycling, fiber, and industrial industries. The company also provides specialized engineering services for developing new and custom compounds, including technical and logistical support, material selection, analytical testing, and end-to-end quality assurance. The acquisition by Benvic aims to accelerate ChemRes' growth through organic and additional acquisition in the US market.
Current Investors
Investindustrial, Benvic Groupe
Primary Industry
Chemicals
Sub Industries
Recycling, Packaging, Adhesives & Sealants, Materials
Website
www.chemres.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Chemical Resources Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Trinity Specialty Compounding, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Chemical Resources Inc. | - | ||||||||
| Recapitalisation | Completed | Chemical Resources Inc. | - |
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