October 12 2020

2M Holdings Ltd. expands Dry Ice Business in Germany

UK based Group takes over Business from Air Liquide to reach nationwide Coverage

Chemicals services group 2M Holdings Ltd. (London, United Kingdom), parent company of chemical distributors Banner Chemicals and Surfachem has expanded its Dry Ice business in Germany by acquiring the Dry Ice business from Air Liquide (Paris, France) through its subsidiary CE-O2 Trockeneis GmbH (Düsseldorf, Germany).

The acquired business, which operates from 9 supply locations across Germany, will become part of CE-O2 Trockeneis GmbH and make the company a a nationwide dry ice supplier across Germany.

 

Dry Ice is supporting and enabling many industries, 2M Holdings said in the announcement. It “is essential for many of the things we depend on daily, with life-saving consequences in some cases.” Typical uses are in:

 

  • Pharmaceuticals / Life Sciences – to support the transportation of tissues and biological samples or vaccines, and other life-saving applications.
  • Food – the preservation of food and reduction of waste when transporting many food products.
  • Industrial Services – the cleaning of sensitive industrial plants through dry ice blasting.

The newly acquired business will be managed by Philipp Lüdicke, Managing Director of CE-O2 Trockeneis GmbH. No financial details were disclosed on the transaction.

 

Source: 2M Holdings press release

 

HGE – DCG / 12.10.2020

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