VRC Technologies, a Houston, Texas-based chemical formulations, manufacturing and distribution company, received a growth equity investment.
The deal was led by Cimbria Capital.
Co-founded by Robert Green who has designed new formulations of individual components and complex mixtures of proprietary chemical projects for the agribusiness, industrial, petrochemical, and pharmaceutical industries and his father, a former senior scientist for over 30 years at Witco Corporation, and led by new CEO Martin D. Beirne, III, VRC operates manufacturing and rail distribution facilities in Brownwood, Texas.
With deep formulary expertise in the agrochemicals and oilfield chemicals sectors, the company has supported some of America’s leading chemical companies in innovating to seek reliable surfactant and adjuvant packages.
Cimbria Capital is a private equity firm based in Texas conducting early stage buyout and growth capital investments in the water technology and agribusiness sectors in North America and Europe.
FinSMEs
29/05/2017