Vivify Specialty Ingredients Acquires Reitech Corporation
February 15, 2023
Vivify Specialty Ingredients has acquired Reitech Corporation, a Reading, Pennsylvania-based manufacturer of pigment dispersions; financial terms were not disclosed. Reitech owners Stephen Holtzman and Prakash Pradhan will remain with the company and join Vivify's management team. The deal, executed by Vivify (which is backed by Gryphon Investors' Gryphon Heritage Fund), expands Vivify's pigment dispersion capabilities and broadens its product offerings and end-market reach.
- Buyers
- Vivify Specialty Ingredients, Gryphon Heritage Fund (Gryphon Investors)
- Targets
- Reitech Corporation
- Sellers
- Stephen Holtzman, Prakash Pradhan
- Platforms
- Vivify Specialty Ingredients
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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