July 18 2019

STOCKMEIER has acquired all outstanding Shares of Quaron S.A.S.

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.

 

 
No further financial details were communicated on this transaction, which was effective 01. July 2019.

 

Source: Stockmeier website

 

HGE / DCG – 18.07.2019

 
 

 

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