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December 15, 2021

Ascensus Specialties

Ascensus Specialties, a provider of specialty materials for life sciences and advanced technology markets, has acquired Wychem Limited, a UK-based manufacturer of fine chemicals for pharmaceutical and specialty applications. This transaction complements Ascensus' existing capabilities and reinforces the company's focus on servicing the pharmaceutical sector. Using its own process technology, Wychem manufactures starting materials and multi-step intermediates for the synthesis of pharmaceutical APIs and other advanced technology applications. Wychem manufactures over 1,000 products and specializes in the production of aromatic compounds and halogenation. Ascensus will continue to support Wychem's manufacturing facility and offices in the UK. Financial terms were not disclosed. Ascensus Specialties is headquartered in Bellevue, and has production plants in Elma, Washington, Evans City, Pennsylvania, and Newburyport, Massachusetts.




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