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Benvic company logo
Corporation
INDUSTRIAL | Basic Materials / Plastics & Fibers
benvic.com

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Founded Year

1963

Stage

Acq - Fin | Alive

Revenue

$0000 

About Benvic

Benvic is a PVC compounder with manufacturing plants in Europe. Under the Benvic brand name, the business develops, produces and markets high quality innovative PVC based thermoplastic solutions in the form of powders and compounds that are utilized across a wide range of end-applications including building and construction, automotive and aerospace, cabling, pharmaceutical, packaging and fluid transport.

Benvic Headquarter Location

57, Avenue de Tavaux

Chevigny-Saint-Sauver, 21800,

France

+32-478-27-24-95

Latest Benvic News

13:00 ET BENVIC ACQUIRES TRINITY SPECIALTY COMPOUNDING, A U.S. BASED CUSTOM COMPOUNDER, VIA BENVIC'S U.S. CHEMRES DIVISION

Jan 13, 2022

News provided by Share this article Share this article PRINCETON, N.J., Jan. 13, 2022 /PRNewswire/ -- Benvic announces that it has completed the acquisition of West Unity, OH-based Trinity Specialty Compounding from Ravago Americas, via Benvic's U.S. division Chemres, further strengthening its presence in the U.S. 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 & cable, appliances, and construction. Trinity facilities, West Unity, OH This acquisition is another major milestone for Benvic, a leading supplier of highly innovative thermoplastic solutions, 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 U.S. 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 U.S. 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. Luc Mertens, CEO of Benvic Group, said "We are thrilled that Trinity is joining the Benvic Group. This acquisition is part of Benvic's ambition to accelerate its development in the U.S.A., initiated in 2021 with the acquisition of Chemres. With Chemres, we were able to enter the US market and strengthen our exposure to the medical sector. With Trinity, we are adding unique assets to our portfolio, helping us to better serve the needs of our international customers and forge new partnerships." Paul Keimig, CEO of Chemres, said "I am delighted by the acquisition of Trinity, a best-in-class specialty compounder that we have known and have worked with for a long time. I am convinced that Benvic and Chemres teams will provide Trinity with the required expertise and resources needed for its future development, especially in terms of industrial and commercial capabilities. This transaction will also benefit Trinity's clients and employees, who will be joining a major player in the compounding industry. We are also enthusiastically seeking to add more strategic compounding acquisitions in the near future." James Duffy, CEO of Ravago Holdings America, said "Many of our portfolio companies, including Ravago Manufacturing, have long-standing relationships with Chemres. We feel Chemres and Benvic have a strong understanding of the operations at the West Unity site, a well-established relationship with the site team, and we believe they will be a strong contributor to the long-term growth of the operations and team at the site. We look forward to growing our relationship with Chemres and Benvic Group." About Benvic Founded in 1963 and a portfolio company of Investindustrial since 2018, the Benvic Group is one of the leading suppliers of thermoplastic solutions in Europe. From idea to realization for its customers, Benvic develops, manufactures and markets innovative and highly customized thermoplastic solutions that are used in a wide range of applications, namely construction, medical, automotive, fluid transport, electro technical products, cables and food. Benvic has approximately 600 employees and currently operates a total of 10 production sites in France, Italy, Spain, Poland, the UK and the USA. The group exports to over 60 countries worldwide. For media inquiries please contact: About Ravago Ravago, headquartered in Luxembourg, provides superior distribution, resale, compounding and recycling services for our customers, deploying advanced technology solutions to convert plastic raw materials into products that improve the sustainable quality of our life. Ravago represents more than 6,600,000 metric tons of annual polymer sales, serving more than 50,000 active customers through 325+ locations across more than 55+ countries worldwide. Ravago's production capability consists of 45+ manufacturing facilities of which 19 recycling and compounding plants in North America, Europe, Asia and Africa with a combined annual capacity of over 775,000 metric tons; 13 production plants in Europe that are offering finished product solutions for the building sector and 7 plants and 6 application laboratories for our chemicals business. This all would not have been possible without the contributions of its 8,000 employees. Further information available at www.ravago.com   SOURCE Chemres

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Benvic Patents

Benvic has filed 1 patent.

The 3 most popular patent topics include:

  • Carbon nanotubes
  • Herbal tea
  • Nanomaterials
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/30/2017

11/23/2021

Carbon nanotubes, Quaternary ammonium compounds, Herbal tea, Nanomaterials, Polymers

Grant

Application Date

3/30/2017

Grant Date

11/23/2021

Title

Related Topics

Carbon nanotubes, Quaternary ammonium compounds, Herbal tea, Nanomaterials, Polymers

Status

Grant

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