Stamford, Connecticut-based CellMark Chemicals announced its acquisition of AnMar International Ltd (Bridgeport, CT).
AnMar is a manufacturer and distributor of a wide variety of vitamins, plant extracts, nutraceutical ingredients, amino acids and other chemical related products. The move to acquire AnMar supports CellMark Chemicals’ long term strategy to bolster its global presence in the specialty markets in which it operates, and furthermore, to expand its custom manufacturing capabilities that is a growing part of its portfolio of product & service offerings, reported the company.
Hugo Galletta, head of CellMark’s Chemical Division, said that the owners of AnMar have done an exceptional job at establishing itself in the U.S. nutraceuticals market with good quality suppliers and its own manufacturing capabilities … with the added capabilities of CellMark’s financial strength and global reach we see a winning combination for AnMar’s suppliers, customers and employees.
Alan Pollard, senior vice president and sales director, AnMar, said “CellMark’s intention to grow and develop AnMar’s business beyond its traditional boundaries is a good sign for all involved. The business models employed by both AnMar and CellMark are quite similar which should make for a smooth transition.”
Thomas Hedberg, chairman and co-founder, CellMark, said the company has confidence in Chemical Division’s ability to grow and add value to business partners and stakeholders. “The AnMar acquisition is one the most important in our 30-year history which demonstrates our continued appetite to grow the CellMark organization in new ways,” he added.
For more information, visit www.anmarinternational.com.