Biesterfeld acquires German Distributor Schütz & Co.
Speciality chemicals Distributor Biesterfeld AG (Hamburg, Germany), has announced that the group has acquired compatriot Schütz & Co. GmbH & Co. KG (Hamburg, Germany), a distributor of “customised” APIs and Excipients.
Schütz & Co. was founded in 1892 and serves customers in Pharmaceuticals and Cosmetics in more than 50 countries, Biesterfeld said in a statement. The company will be managed in the future by Inge Gotthard (Head LifeScience, Biesterfeld Spezialchemie) and Dr. Nicole Hamelau (Managing Director, Biesterfeld Spezialchemie).
No finanial details were disclosed on this transaction, which was done effective 01. August 2016.
Source: Biesterfeld press release
HGE / DCG – 08.08.2016