# Polytek Development Corp merges with California Medical Innovations

MPE Partners announced the merger of its portfolio company Polytek Development Corp with California Medical Innovations, forming a nationally integrated specialty chemicals provider. Terms were not disclosed.

- Type: Acquisition
- Announced: 2017-06-20
- Where: United States
- Status: completed
- Products: natural rubber latex, plastisols, thermoplastic elastomers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MPE Partners](https://endata.com/companies/8513.md) (investor)
- [Polytek Development Corp](https://endata.com/companies/25021.md) (acquirer)
- [California Medical Innovations](https://endata.com/companies/25022.md) (target)
- [Raw Material Suppliers](https://endata.com/companies/25834.md) (target)

## Sources

- [mpepartners.com](https://www.mpepartners.com/mpe-partners-announces-merger-portfolio-company-polytek-development-corp-california-medical-innovations/), 2017-06-20: "We are excited to bring together two companies with talented management teams, as well as complementary product offerings, formulation capabilities, and process knowledge."
- [everchem.com](https://everchem.com/polytek-inks-acquisition/), 2017-07-25: "The acquisition of Raw Material Suppliers further enhances our product offerings, deepens our technical expertise and solidifies our ability to serve customers on the west coast."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.