Ceradyne’s ESK Ceramics Acquires Interest in Chemtrix B.V.
Ceradyne Inc. recently announced that its German-based subsidiary, ESK Ceramics GmbH & Co., has acquired a minority interest in Chemtrix, based in the Netherlands. The transaction is expected to have an immaterial impact on Ceradyne’s fully diluted earnings per share this year.
Chemtrix develops and sells equipment and services based on the concept of executing R&D and process development in revolutionary micro-reactors with a direct scale to larger quantity production in mid-size reactors. ESK is a supplier of flow-chemistry reactors suitable for industrial-scale production. With this cooperation, the companies are reportedly able to offer a complete product portfolio of scalable flow-chemistry equipment and services to the pharmaceutical and fine chemical industry.
“As a leader in ceramic products, we see considerable growth potential for industrial flow reactors,” said Thomas Jüngling, Ph.D., president of ESK and vice president of Ceradyne. “We expect that the combination of flow-chemistry knowledge and R&D laboratory equipment at Chemtrix and our industrial reactor manufacturing know-how will accelerate the adoption of this technology.”
For more information, visit www.ceradyne.com.