German Distribution Group enters into strategic Partnership for Austria
Chemicals distributor OQEMA AG (Mönchengladbach, Germany) has recently acquired a majority share in CB Chemie GmbH (Baumgarten, Austria) for an undisclosed sum.
Established in 2016 by Dr. Christian Braunshier, the company has a focus on Paints & Coatings and Construction Chemicals / Building Materials. The Food sector is supplied with natural ingredients through its subsidiary CB Nutrition GmbH.
No financial details were disclosed on the transaction.
Source: OQEMA post on LinkedIn, CB Chemie press release
HGE – DCG / 03.02.2021
