TIB Chemicals AG has successfully acquired Reaxis, Inc., a U.S.-based manufacturer known for its tin catalysts and metal-based specialty additives. The acquisition is part of TIB Chemicals' strategy to expand its presence in the North American market and strengthen its position as a global leader in tin chemicals.

Reaxis is a major supplier of tin catalysts and specialty metal-based additives in the U.S. The company's products are used in a variety of end markets, including polymer synthesis, surface finishing and water treatment.

TIB Chemicals is a mid-sized company that specializes in the development, production and distribution of high-quality chemicals. The company has a diverse portfolio of over 1,000 products and serves a wide range of international customers. TIB Chemicals is headquartered in Mannheim, Germany.

Grace Matthews, a Milwaukee-based investment bank, advised Reaxis on the transaction.