FOR IMMEDIATE RELEASE
CONTACT: SHARON GEORGOULIAS
SGEORGOULIAS@RIEKEMETALS.COM
+1.919.412.1115
CAPITAL INVESTMENT PROVIDES PLATFORM FOR COMMERICAL
PARTNERSHIPS AND NEW TECHNOLOGY DEVELOPMENT FOR
RIEKE METALS, INC.
(Lincoln, NE– August 7, 2014) --- Rieke Metals, Inc. (RMI) – a leading chemical manufacturer
supplying high purity specialty chemicals manufactured under their own patented process -- has
been acquired by Blue Diamond Capital.
The assets, acquired on July 1, result in the formation of Rieke Metals, LLC.
Founded in 1991, in Lincoln, Neb., RMI’s Products are sold to the electronic and pharmaceutical
industries, as well as for research and development applications. The company has earned a
reputation for innovation, purity and service among its global customer base and strategic partners.
All of the products are manufactured at their headquarters in Lincoln, Neb. Founder Reuben Rieke,
Ph.D. is the pioneer of highly reactive zinc chemistry and an innovator in the organic chemistry
community.
According to John Hollenbach, Managing Partner, Blue Diamond Capital’s interest in Rieke Metals is
based on their dedication to their diverse global customer base, the untapped potential to scale up
production of their patented organometallic and polymer chemistries and Rieke’s deep expertise in
highly reactive metal chemistry.
John Hollenbach, Managing Partner for Blue Diamond Capital said, “We saw an opportunity to
expand beyond the core research and development customer base. By scaling up these chemistries
for commercial applications and leveraging Rieke’s fundamental expertise in organometallic,
semiconducting polymer and fine organic chemistry, we can expand our commercial enterprise with
a growing pipeline of new products and customers.”
Rieke noted that the acquisition will enable RMI to meet the needs of customers on a global scale.
In addition to expanding the company’s manufacturing capacity, Blue Diamond Capital will explore
add-on acquisition opportunities.
“Recently, we’ve seen increasing demand from customers for commercial quantities of Rieke
Metals’ chemistry, so we decided the time was right to seek outside investment to meet this
demand,” said Rieke.
Moving forward, Blue Diamond Capital will be actively engaged to commercialize RMI’s
manufacturing capability and to allow Rieke to focus his attention on developing new and
patentable chemistries and products in the highly reactive metals and semiconducting polymer
space.
Hollenbach added that Blue Diamond Capital’s intention is to help Rieke Metals become the leading
innovator and commercial partner for organometallic and semiconducting polymer chemistry in the
world.
About Blue Diamond Capital
Blue Diamond Capital, LLC is a Raleigh, NC based investment firm that actively invests in proven
lower to middle-market companies ranging from $5 - 200 million in revenue. Their focus is on
family-owned, founder-owned or privately-held companies that are seeking a transition, need
capital to expand or are poised to achieve a leading position in supporting the life science, advance
technology or industrial related industries. For more information, visit www.bluediamondcat.com
About RMI
For more than two decades, RMI has independently provided novel organozinc and Grignard
reagents, fine organic chemicals and organic semiconducting polymers based on highly reactive
metal chemistry. For more information, visit www.riekemetals.com.
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