Haas TCM
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US Chem Management Services Firm Merges With Radian

LONDON (CNI) - US firm Haas has acquired the total chemical management (TCM) business of compatriot Radian and merged with it to form Haas TCM.

Financial details of the deal were not disclosed.

Both firms had entered the chemical management services (CMS) business through different markets; Haas through the automotive industry and Radian through the aerospace and defense industries.

Each development competencies in different yet complimentary components of the chemical cycle; Haas in chemical usage and waste reduction and Radian TCM in procurement, logistics and EHS (environmental health and safety) compliance.

Thad Fortin, chief executive of West Chester, Pennsylvania headquartered Haas TCM, said: “It’s the fit of our two companies that really underscores our excitement. The synergies are incredible and combined resources give us state-of-the-art tools the scale to set new standards in the rapidly growing CMS business.”

Haas TCM has over 250 employees and annual revenues of $100 m (Euro 102m).

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chemical strategies partnership

What is Chemical Management Services? Chemical Management Services (CMS) is a business in which a customer engages with a service provider in a strategic, long-term contract to supply and manage the customer's chemicals and related services... more »

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