US speciality ingredients firm Vertellus has changed its official name to Aurorium in a move designed to better reflect its growth strategy.
Indianapolis-based Aurorium, owned by Pritzker Private Capital, employs over 1,400 people located across North America, Europe, and Asia.
The company produces specialty ingredients and performance-enhancing materials across the personal & home care, coatings & adhesives, energy & electronics, healthcare, food & beverages, agriculture, transportation, and paper & packaging end markets.
“Our new name and identity, Aurorium, better represents the strength of our platform and growth opportunity for our business,” said Aurorium president Faye Freeman.
“As Aurorium, we are well-positioned to expand our products and markets, and more effectively serve our customers with a wide range of solutions that are essential to their businesses,” she added.
In a related development, Aurorium has acquired Centauri Technologies, a manufacturer of specialty materials, based in Pasadena, Texas.
Auriorum said Centauri’s expertise in hydroformylation and hydrogenation processes, including high pressure, high melt, and other complex capabilities, is highly complementary to Aurorium’s strategy as a provider of specialty ingredients and performance-enhancing materials.
CentaurI is the sixth acquisition Aurorium has completed since 2019, following Bercen Chemicals, Chemtrade Life Sciences, IM Chemical, Jarchem Innovative Ingredients, and Polyscope Polymers.