Aceto, a leading virtual manufacturer of specialty materials for life sciences, nutrition, agricultural, and advanced technology end markets and a New Mountain Capital portfolio company, announced its acquisition of Syntor Fine Chemicals today. Syntor is an asset-light manufacturer of fine chemicals for pharmaceutical and other life sciences end markets. Andre Moura, a Managing Director at New Mountain Capital, commented, “The acquisition of Syntor represents significant progress in New Mountain’s strategic plan for Aceto, as the company continues its track record of growth both organically and through acquisition. The partnership creates significant cross-sell opportunities that benefit customers and supply partners to both businesses.”
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Source: https://www.businesswire.com/news/home/20200417005412/en/Aceto-Acquires-Syntor-Fine-Chemicals