Portfolio Realignment at STOCKMEIER Group
Chemicals distributor STOCKMEIER Group (Bielefeld, Germany) has recently divested its subsidiary RCN Chemie GmbH & Co. KG (Goch, Germany) to family-owned hazardous waste management and industrial cleaning specialist Eberhard Zimmermann GmbH & Co. KG (Gütersloh, Germany). The ownership change was effective 01. November 2018. RCN Chemie’s main activity is the distillation and recycling of spent solvents.
Source: Stockmeier website
DistriConsult comment: Originally established by private founders, RCN or “Recycling-Chemie Niederrhein” was in the late 1980s acquired by Brenntag, before it was transfered to WESTAB, another subsidiary of German industrial conglomerate Veba (now e.on) at the time. A subsequent owner was KRUSE Chemie, who in turn was taken over by STOCKMEIER in January 2013. In the 1990s RCN was instrumental in providing recycling services for spent Chlorinated Solvents from metal degreasing and dry cleaning applications. The service formed a key building block of the “closed loop” delivery and take back concept for these products, pioneered by SAFECHEM Europe GmbH (Düsseldorf, Germany), then a JV between Dow Deutschland and WESTAB.
HGE / DCG – 12.11.2018