M&A Deal Summary

Chemtrade Acquires Polytec

On August 14, 2025, Chemtrade acquired chemicals company Polytec for 150M USD

Acquisition Highlights
  • This is Chemtrade’s 4th transaction in the Chemicals sector.
  • This is Chemtrade’s 3rd largest (disclosed) transaction.
  • This is Chemtrade’s 3rd transaction in the United States.
  • This is Chemtrade’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2025-08-14
Target Polytec
Sector Chemicals
Buyer(s) Chemtrade
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Polytec

Mooresville, North Carolina, United States
Polytec specializes in custom chemical programs and operates four facilities supporting scalable infrastructure and recurring service models. Polytec is based in Mooresville, North Carolina.

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Buyer(S) 1

Buyer

Chemtrade

Toronto, Ontario, Canada

Category Company
Founded 2001
Sector Chemicals
Employees1,474
Revenue 1.8B CAD (2024)
DESCRIPTION

Chemtrade is a diversified business providing industrial chemicals. Chemtrade is a supplier of sulfur, sodium chlorate, potassium chloride, and zinc oxide. Chemtrade was incorporated in 2001 and is based in Toronto, Ontario.


DEAL STATS #
Overall 5 of 5
Sector: Chemicals M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
State: North Carolina M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 Chemtrade Logistics Income Fund - Specialty Chemical Businesses

Toronto, Ontario, Canada

Chemtrade Logistics Income Fund's Specialty Chemical Businesses provides Potassium Chloride (KCl) and Vaccine Adjuvants to clients.

Sell $155M