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TC USA Acquires Zenitech, LLC

Charles Tennant & Co. unit picks up polymer supplier.

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By: TOM BRANNA

Editor

TC USA, Inc., a wholly owned subsidiary of Charles Tennant & Company (Canada) Ltd., a division of the UK based Tennant Group of Companies, has acquired US specialty polymer supplier, Zenitech, LLC. The acquisition is a continuation of Charles Tennant Ltd.’s strategic initiative of developing new, innovative ingredients for the personal care, cosmetic and pharmaceutical industries.


Zenitech provides the global personal care and cosmetic markets with patented, multi-dimensional, specialty polymers derived from natural-based intermediates. Such products improve the moisturization, conditioning, glossing, and film-forming properties of cosmetic and beauty care formulations.


According to Kathie Taylor, executive VP sales and marketing for Charles Tennant & Company, the acquisition of Zenitech and Charles Tennant & Company’s global resources and infrastructure will enhance the sales, marketing and new product development initiatives for the Zenitech portfolio.


“With this acquisition, we want to achieve a recognized position as a supplier of performance-driven, highly-functional, cost-effective, natural and natural-based specialty ingredients in the global beauty care market,” she said.


According to Taylor, Zenitech and the recently formed joint venture with ESSA Technologies, further enhances Charles Tennant’s ongoing strategic initiative to venture and/or acquire technology-driven companies in key strategic markets such as personal care and cosmetics.


“Now, we will have an even wider offering of functional and highly innovative products and services for our customers worldwide, widening our portfolio of fine chemicals, customer commitment and global resources for the beauty care market,” added Robert MacPhail, CEO and president of Charles Tennant & Company.

More Info: Kathie Taylor, [email protected]; Tel: (416) 747-3108

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