Performance Materials BU enhances European Footprint for Speciality Chemicals into Paints & Coatings
Speciality chemicals distributor DKSH AG (Zurich, Switzerland) has announced the acquisition of Dols International B.V. (Roermond, The Netherlands). The company, which was founded in 1989, has a turnover just shy of EUR 10 mn. DKSH says the acquisition will be immediately earnings accretive, due to its “sound profitability.” The current management team the employees will join DKSH’s Business Unit Performance Materials.
The product portfolio of Dols International includes Pigments, Binders and Additives for use in Paints & Coatings, Adhesives, Plastics and Construction applications. The company represents a number of international producers and serves more than 200 customers . It also formulates products in an in-house laboratory, which will convert to a DKSH Innovation Center, expanding the network to 40 centers worlswide, DKSH said.
No financial details were disclosed on the transcation.
Source: DKSH press release
HGE / DCG – 27.05.2019