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CellMark Chemicals Acquires AnMar International Ltd.

Date September 3, 2014 Author Mantis System Categories Latest News
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STAMFORD, USA – CellMark Chemicals, a Division of CellMark AB (Gothenburg, SWEDEN) announced today that its acquisition of AnMar International Ltd. closed on September 2 2014. AnMar, located in Bridgeport, Connecticut USA is a well-established manufacturer and distributor of a wide variety of vitamins, plant extracts, nutraceutical ingredients, amino acids, and other fine chemical related products.

The move to acquire AnMar supports CellMark Chemicals’ long term strategy to bolster its global presence in the specialty markets in which it operates, and furthermore, to expand its custom manufacturing capabilities that is a growing part of its portfolio of product & service offerings.

Mr. Hugo Galletta, Head of CellMark’s Chemical Division said that, “the owners of AnMar have done an exceptional job at establishing itself in the US nutraceuticals market with good quality suppliers and its own manufacturing capabilities...with the added capabilities of CellMark’s financial strength and global reach we see a winning combination for AnMar’s suppliers, customers, and employees.” AnMar’s Senior Vice President and Sales Director, Mr. Alan Pollard added that, “CellMark’s intention to grow and develop AnMar’s business beyond its traditional boundaries is a good sign for all involved...the business models employed by both AnMar and CellMark are quite similar which should make for a smooth transition.”

CellMark AB Chief Executive Officer, Mr. Fredrik Anderson commented that, “the acquisition of AnMar is a testament to CellMark’s commitment to make strategic investments in order to help grow our Operating Divisions...we see the AnMar acquisition as another way to grow our network of relationships and to leverage our partnerships in a manner to promote growth and development.” The Company Chairman & Co-Founder of CellMark, Mr. Thomas Hedberg added that, “We have confidence in our Chemical Division’s ability to grow and add value to our business partners and stakeholders...the AnMar acquisition is one the most important in our 30- year history which demonstrates our continued appetite to grow the CellMark organization in new ways.” 

Canec originated and facilitated this transaction, acting as exclusive advisor to the selling shareholders.