Huber acquires Martinswerk to add to fire-retardant portfolio
Atlanta, Georgia – JM Huber Corp., through its Huber Engineered Materials (HEM) division, has acquired the speciality chemicals company Martinswerk to add to its portfolio of fire retardant additives (FRA) business unit.
Described as Huber’s “largest acquisition in 10 years”, the transaction includes Martinswerk’s manufacturing facility in Bergheim, Germany, more than 470 employees.
“This strategic acquisition is well aligned with HEM’s FRA business unit – both from a product and geographic standpoint,” explains Jerry Bertram, vice president and general manager of HEM’s fire retardant additive business.
“It builds on our existing halogen-free fire retardant offerings and expands the range of products we can provide to customers around the world,” he added.
HEM said that it would retain the current management team at Martinswerk for a smooth integration.
In a statement published on 2 Feb, Huber said that it has been supplying fire retardants and smoke suppressants for 34 years.
In 2015, Huber purchased the Safire nitrogen and phosphorous flame retardant technology from Floridienne Group and Catena Additives.
“Bringing together our long-term experience in fire retardant additives with the product lines from Martinswerk broadens our portfolio of environmentally-friendly fire retardant additives for use across multiple applications, including… silicone rubber and wire and cable,” said Bertram.