13th July 2020

NAGASE AMERICA BUYS FITZ CHEM

Nagase America has acquired US-based specialty chemicals distributor Fitz Chem Corp.  This acquisition, Nagase says, advances its strategy for growth in the specialty chemicals market in the US, and is a step towards implementing its vision of becoming a leading national specialty chemical distributor. Activities for integration will start immediately.  Fitz Chem, as a wholly-owned subsidiary of Nagase America, will continue to conduct business under the name Fitz Chem LLC.

Fitz Chem Corp. is a specialty chemical distributor with over US$60-million in annual revenue, focused on the coatings, adhesives, sealants, and elastomer (CASE) markets, as well as the plastics and personal care markets.  NAGASE is a supplier to these markets in Japan, with a broad portfolio of both distributed products and proprietary products.  NAGASE also has an expanding presence in China, Southeast Asia, India, the Middle East, and other areas.

“This acquisition allows NAGASE to combine its technical expertise and existing supplier and customer relationships with those of Fitz Chem, creating opportunities for sustained growth in the US market,” said Bradley Hilborn, director of sales and marketing at Nagase America. “Both organizations are committed to helping suppliers and customers exceed their goals.” 

“Continuity was extremely important to our Fitz Chem management team,” said Robert Becker, chairman of Fitz Chem. “We wanted a long-term partner that focused on providing growth opportunities for our employees, one that would not create any conflicts for our suppliers, and lastly one that would provide additional resources to assist our customers in growing their businesses. In teaming with NAGASE, we strongly believe we will be able to achieve these objectives. It truly is incredibly thrilling to join forces with a company like NAGASE and create a win-win-win for our employees, customers and suppliers. NAGASE and Fitz Chem’s values and passion to succeed are unequivocally aligned.”

www.nagase-nam.com