# Protech Group acquires Dyvex Industries' specialty materials business

The Protech Group acquired Dyvex Industries' specialty materials business, based in Carbondale, Pennsylvania. Dyvex is known for advanced plastic compounds used in fragrance, flavor, and odor control applications.

- Type: Acquisition
- Announced: 2021-12-01
- Where: Carbondale, Pennsylvania, United States
- Status: completed
- Products: plastic compounds, Polyessence, IonicGuard
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Protech](https://endata.com/companies/15607.md) (acquirer)
- [Dyvex Industries](https://endata.com/companies/60008.md) (target)

## Sources

- [theprotechgroup.com](https://www.theprotechgroup.com/protech-group-acquires-dyvex-industries-fragrance-compound/), 2021-12-30: "On December 30th, 2021, The Protech Group officially acquired Dyvex Industries' specialty materials business."
- [plasticsnews.com](https://www.plasticsnews.com/news/protech-group-buys-specialty-compounder-dyvex-industries/), 2022-01-05: "the acquisition of Dyvex will allow his firm to further add value for its customers by enhancing its range of specialty material offerings."
- [mbsadvisors.com](https://mbsadvisors.com/deals/dyvex-industries-acquired/), 2022-01-05: "The acquisition of Dyvex Industries will enable the Protech Group to provide further value to our customers by enhancing our range of specialty material offerings and expanding our R&D capabilities."

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