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Vinmar Group announces the creation of Vailent, formed through the acquisition of the team and certain assets of BluePallet, an innovative digital platform provider for the plastics and chemicals industry. This strategic acquisition will operate as a new subsidiary of Vinmar which will focus on deploying digital commerce technologies across Vinmar’s polymer and chemical distribution subsidiaries. Vailent will bring substantial benefits to Vinmar’s global customer base inclusive of streamlined onboarding and ordering, real-time visibility and tracking, and enhanced customer service. Vailent will leverage the expertise and experience of former members of the BluePallet team to continue to develop cutting edge technology solutions that improve the commercial experience for customers and suppliers.
Vailent’s president, Patrick Salome, says “We are thrilled to join Vinmar. This acquisition marks a significant inflection point for our business that will propel us to new levels of innovation and growth. Together, we are poised to deliver a significant and tangible boost in value to customers in the plastics and chemicals industry.”
CEO of Vinmar, Vishal Goradia, “Vinmar is grateful to the former BluePallet team, especially Pat Salome and Sal Cacciatore, for creating Vailent with us. Vinmar made a strategic investment in BluePallet in 2021 and, while not the outcome we originally envisioned, we are pleased that their team can continue to achieve great things as a part of Vinmar. We look forward to sharing this new capability with our suppliers and customers as soon as we are able.”
Since its inception in 1978, Vinmar has expanded to employ over 1,400 people, operate 58 offices, and sell in more than 110 countries. As a global leader in petrochemical distribution and marketing, Vinmar provides high-quality products and solutions to customers around the world.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
