February 3 2021

OQEMA invests in Austrian Distributor CB Chemie

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

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