STOCKMEIER Group now sole Owner of French Distributor QUARON
Chemicals distributor STOCKMEIER Group (Bielefeld, Germany) has acquired a stake of the 50% of the shares of Quaron S.A.S. (Rennes, France) it did not already own, from former Joint Venture partner OQUEMA AG (Mönchengladbach, Germany) for an undisclosed sum through STOCKMEIER Holding GmbH.
With a total of seven locations across the country, Quaron has a comprehensive sales network in France. The comapny with its 300 employees generated sales of EUR 180 mn in 2018, equivalent a volume of ca. 330’000 MT. STOCKMEIER Holding GmbH has held a 50% stake in Quaron since 2011. At that time, the company was taken over through a Joint Venture with OQEMA.
Source: Stockmeier website
HGE / DCG – 18.07.2019