Shrieve Chemical Company (Shrieve), a portfolio company of Gemspring Capital and a global distributor of specialized chemicals, announced it has acquired Vertec BioSolvents (Vertec), a manufacturer of bio-based solvents headquartered in West Chicago, Ill. Terms of the transaction were not disclosed.
According to the company, the acquisition expands Shrieve’s specialty portfolio and deepens its presence across key end markets. Together, the companies are positioned to enhance capabilities, broaden the combined portfolio, and strengthen relationships with customers and suppliers.
“Vertec has built a strong reputation for innovative and sustainable chemistry, and we are pleased to welcome their team to Shrieve,” said Joey Gullion, CEO of Shrieve. “This acquisition strengthens our ability to support customers as demand continues to shift toward more environmentally responsible solutions, and we’re excited to build on Vertec’s strong technical foundation.”
“We’ve built Vertec around innovation in sustainable solvents, and joining Shrieve provides an opportunity to accelerate that work,” said George “Skip” Laubach, CEO of Vertec. “With access to Shrieve’s broader platform, we can continue advancing our product development while expanding our reach to new customers and markets.”