Caldic announces agreement to acquire Betaquímica S.A.

Strengthening of Caldic’s specialty chemicals offering in Spain, southern Europe and beyond

Rotterdam, The Netherlands, October 11, 2022 - Caldic B.V. today announces the acquisition of Betaquímica S.A., a solution provider of premium raw materials for industrial applications located near Barcelona (Spain). The product portfolio and value-add services from Betaquímica will substantially strengthen Caldic’s portfolio for the chemical industry and increase the existing footprint in Iberia and beyond.

Founded in 1989, Betaquímica is renowned for its outstanding value-add solution offering for the industrial markets, and particularly for its specialization in additives, stabilizers and modifiers for polymers and rubber. Dedicated technical support is provided to enable customers to effectively apply the products sold under their own brand. Furthermore, specifically for water treatment, Betaquímica has developed an in-depth materials and services offering tailored to desalinization processes, which is fully compliant with environment legislation. This unique specialization, in combination with the extensive portfolio of high quality raw materials, enabled the company to establish a strong position in Iberia and across Europe and Latin America through its export activities.

Innovation through fundamental R&D in specialty chemicals lies at the foundation of Betaquímica’s success. The world-class laboratory enables the engineering team to not only develop products, but more importantly support innovative projects and validate technical solutions for customers. In collaboration with research centers and the University of Barcelona, the process innovation expertise of the Barcelona based team has helped Betaquímica’s customers to drive efficiency and consistently meet regulatory requirements in their processing.

“We are delighted to welcome the Betaquímica team aboard Caldic”, says Laurent Pasqualini, CEO Caldic Europe. “Betaquímica has a strong foothold in Iberia and many other countries where Caldic is present, and it is recognized for its innovative solutions and customer centric way of doing business which is perfectly aligned with Caldic’s culture. The highly complementary portfolio, but more importantly the Betaquímica professionals, will be a valuable asset to the Caldic organization. Their expertise will enhance our ability to inspire value-add solutions across various applications and support further growth in the industrial formulation markets.”

José Luis Gutiérrez, Managing Director, Betaquímica S.A. commented: “For over 30 years, our mission has been to deliver exceptional value and innovative solutions to the industry. Today marks an important milestone in our growth journey. Our experienced team and I are very excited to become part of Caldic as this will benefit our local customers and suppliers alike. Jointly with Caldic, we’re very keen to continue delivering value-add solutions for industrial applications on an accelerated basis.”