Predict your next investment

Corporation
INDUSTRIALS | Basic Materials / Specialty Chemicals
grace.com

See what CB Insights has to offer

Investments

4

Portfolio Exits

2

Partners & Customers

10

Service Providers

3

About Grace

Grace (NYSE: GRA) provides high-performance specialty chemicals and materials.

Grace Headquarter Location

7500 Grace Drive

Columbia, Maryland, 21044,

United States

410-531-4000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Grace News

Grace Invests in Small Molecule API Expansion

Jul 14, 2022

Includes a new 4,000-gallon multi-use reactor train at the CDMO facility. 07.14.22 W. R. Grace & Co. , a provider of specialty silica and fine chemicals, is proceeding with an expansion of its contract development and manufacturing (CDMO) facility in South Haven, MI. The expansion will bring a new 4,000-gallon multi-use reactor train consisting of glass lined and stainless-steel materials of construction. The expansion will also include a HASTELLOY centrifuge to facilitate product isolation, which enhances the commercial capability of the cGMP-compliant site. The project will bring South Haven up to three 4,000-gallon multi-use reactor trains enabling Grace’s Fine Chemical Manufacturing Services (FCMS) business to support continued growth of its small molecule drug production including custom active pharmaceutical ingredients (APIs), cGMP intermediates and generic APIs. The project is estimated for completion in January 2024. In June 2021, Grace acquired the FCMS business from Albemarle as part of an expansion to support its pharmaceutical portfolio. The acquisition enabled Grace’s Materials Technologies division to triple its fine chemical footprint while leveraging its existing chromatography resins and formulation excipients in the health and life sciences markets. “The growth strategy of our company is aligned to support the success of our customers,” said Bob Patel, CEO, Grace. “Our South Haven expansion demonstrates this commitment and addresses the increased market demand in small molecule drug substance manufacturing that has taken place year over year in the past decade. Anticipating the needs of the market, coupled with our expertise, are key Grace capabilities that work together to enable customer success.” Sandra Wisniewski, president, Grace Materials Technologies, said, “The FCMS business has a promising growth trajectory being a leading CDMO in North America. The additional capacity created through this project will enable our customers to develop critical drug therapies in areas such as oncology, diabetes, cardiovascular and antivirals.” Grace’s FCMS is a leading North American CDMO offering extensive capabilities for the pharmaceutical, nutraceutical and fine chemical industries. Its network of three fully integrated sites offer an industry-leading flexible supply chain through the back integration of its intermediates. Related Content

Grace Investments

4 Investments

Grace has made 4 investments. Their latest investment was in PowderJect as part of their Corporate Minority on June 6, 1997.

CBI Logo

Grace Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/1/1997

Corporate Minority

PowderJect

$7.5M

No

1

12/9/1996

Convertible Note

Subscribe to see more

$99M

Subscribe to see more

10

12/1/1989

Series B

Subscribe to see more

$99M

Subscribe to see more

10

8/1/1988

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/1/1997

12/9/1996

12/1/1989

8/1/1988

Round

Corporate Minority

Convertible Note

Series B

Series A

Company

PowderJect

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$7.5M

$99M

$99M

$99M

New?

No

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

Grace Portfolio Exits

2 Portfolio Exits

Grace has 2 portfolio exits. Their latest portfolio exit was PowderJect on June 15, 1997.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/15/1997

IPO

$99M

Public

5/22/1991

IPO

Subscribe to see more

$99M

Subscribe to see more

0

Date

6/15/1997

5/22/1991

Exit

IPO

IPO

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Public

Subscribe to see more

Sources

0

Grace Acquisitions

9 Acquisitions

Grace acquired 9 companies. Their latest acquisition was Albemarle - Fine Chemistry Services Business on February 25, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/25/2021

$99M

Acquired Unit

7

2/25/2021

Subscribe to see more

$99M

Subscribe to see more

10

8/26/2019

Subscribe to see more

$99M

Subscribe to see more

10

6/17/2019

Series E+

Subscribe to see more

$99M

$99M

Subscribe to see more

10

12/15/2017

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/25/2021

2/25/2021

8/26/2019

6/17/2019

12/15/2017

Investment Stage

Series E+

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired Unit

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

7

10

10

10

10

Grace Partners & Customers

10 Partners and customers

Grace has 10 strategic partners and customers. Grace recently partnered with Oriental Energy on December 12, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

12/14/2021

Client

China

Improve Slurry Handling

W. R. Grace & Co. contracts to license its Unipol PP Process Technology to Oriental Energy New Material Co. , Ltd. for an expansion at its facility in Ningbo , China .

3

12/7/2021

Client

Singapore

1

8/18/2021

Licensee

India

Grace Licenses UNIPOL® PP Process Technology To GAIL (India) Ltd.

Mr. Shri M. V. Iyer , Director of Business Development , said , `` We are excited to partner with Grace and their UNIPOL ® PP Process Technology at our existing gas cracker complex in Pata , India .

1

8/18/2021

Licensee

India

Subscribe to see more

Subscribe to see more

10

5/19/2021

Client

Subscribe to see more

Subscribe to see more

10

Date

12/14/2021

12/7/2021

8/18/2021

8/18/2021

5/19/2021

Type

Client

Client

Licensee

Licensee

Client

Business Partner

Country

China

Singapore

India

India

News Snippet

Improve Slurry Handling

W. R. Grace & Co. contracts to license its Unipol PP Process Technology to Oriental Energy New Material Co. , Ltd. for an expansion at its facility in Ningbo , China .

Grace Licenses UNIPOL® PP Process Technology To GAIL (India) Ltd.

Mr. Shri M. V. Iyer , Director of Business Development , said , `` We are excited to partner with Grace and their UNIPOL ® PP Process Technology at our existing gas cracker complex in Pata , India .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

1

1

10

10

Grace Service Providers

3 Service Providers

Grace has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired Unit

Counsel

General Counsel

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Subscribe to see more

Associated Rounds

Acquired Unit

Subscribe to see more

Subscribe to see more

Provider Type

Counsel

Subscribe to see more

Subscribe to see more

Service Type

General Counsel

Subscribe to see more

Subscribe to see more

Partnership data by VentureSource

Grace Team

7 Team Members

Grace has 7 team members, including current Chief Executive Officer, President, Fred Festa.

Name

Work History

Title

Status

Will Dayble

Monash University, Australian Information Industry Association, and RMIT University

Founder

Current

Fred Festa

Chief Executive Officer, President

Current

Mark T Becker

Chief Financial Officer

Former

Dilshad Ahmed

Controller

Former

Douglas Hughes

Controller

Former

Name

Will Dayble

Fred Festa

Mark T Becker

Dilshad Ahmed

Douglas Hughes

Work History

Monash University, Australian Information Industry Association, and RMIT University

Title

Founder

Chief Executive Officer, President

Chief Financial Officer

Controller

Controller

Status

Current

Current

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.