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Nagase America is integrating its New York Chemicals Division and Illinois-based Fitz Chem to create a new company, Nagase Specialty Materials, aiming for a North America-wide footprint by 2025.
Nagase America LLC announced plans to integrate its NY Division and Fitz Chem LLC into one unified company, Nagase Specialty Materials NA LLC, effective September 1, 2020.
Nagase America acquired the distribution business of FitzChem Corporation in the third quarter of 2017. The sale price was $66 million.
Nagase America, a subsidiary of NAGASE Group, acquired US-based specialty chemicals distributor Fitz Chem Corporation. Fitz Chem will operate as a wholly owned subsidiary under the name Fitz Chem LLC.