Tag Archives: Europe

Lehmann & Voss Group has acquired GP2C in France

Hamburg-based Distributor expands its Lubricants Business in Western Europe

International specialty chemicals distributor and specialty elastomers and polymers compounder Lehmann&Voss&Co. [“LEHVOSS”] (Hamburg, Germany), announced that the group has acquired GP2C SAS (Pont-Sainte-Maxence, France), a distributor of additives and raw materials for the lubricants and fuels industry, for an undisclosed sum.

 

GP2C was established by Patrice Harlet in 2008, to offer formulators of automotive lubricants, industrial lubricants, fuels and technical fluids a range of specialty products and supporting technical expertise. The company operates contract blending and laboratory facilities, and offers regulatory support services. The acqusition, part of a wider growth strategy, will give LEHVOSS an extended coverage of Western Europe, the group said in the announcement.

 

No financial details were disclosed on this transaction.

 

Source: Lehmann&Voss&Co. press release; GP2C website

 

HGE / DCG – 21.10.2021

French Distributor Lavollée acquires Compatriot SVPC

Further Consolidation in the French Chemical Distribution Market

Privately owned specialty chemicals distributor Lavollée S.A. (Levallois-Perret (Paris), France) has acquired neighbouring chemical distributor Société Versaillaise de Produits Chimiques [“SVPC”] (Levallois-Perret (Paris), France) including its Spanish subsidiary SVPC AKOD (Barcelona, Spain) from owner Jean-François Marchard for an undisclosed sum.

 

The acquired entity, which was originally founded in 1948, has a staff of 10 employees and posts sales of ca. EUR 20 mn in sectors like Water Treatment, Detergents and Coatings. According to Hervé O. Lavollée, President, the two companies “have known each other for decades and in the past, they have benefited from a number of shared resources such as a common sourcing office in China, common investment in regulatory matters and IT.”

 

After the acquistion, Lavollée as a group, together with its subsidiaries Firmalis (Food Ingredients) and Sipa A.Ch. Berthier  (Flavours & Fragrances), and participations Pigm’Azur (Natural Pigments development and production) and Stevia Natura (Stevia Extracts production),  will have a turnover in excess of EUR 80 mn, with a team of approx. 50 employees. Lavollée is also a member of the LEL Alliance of specialty chemicals distributors in Europe.

 

Source: Lavollée press release

 

HGE – DCG / 10.05.2021

 

 

French Distributor Lavollée achieves EcoVadis Platinum Level

Constant Improvement in Ranking over several Years 

Privately owned specialty chemicals distributor Lavollée S.A. (Levallois-Perret (Paris), France) has recently been awarded a Platinum rating for its Corporate Social Responsibilty (“CSR”) program by assessment agency Ecovadis (Paris, France). This is the highest level of the agency’s four-tier system. Lavollée had last been awarded a Gold rating in 2019.

 

According to Hervé O. Lavolléee, President, the company made a special effort regarding its international purchases, which represent 90% of the product portfolio. Besides chemical distribution, other activities include Firmalis (Food Ingredients), Sipa A.Ch. Berthier (Flavours & Fragrances), Pigm’Azur (Natural Pigments development and production), Stevia Natura (Stevia Extracts production).

 

Source: Lavollée press release, Lavollée website

 

HGE – DCG / 04.05.2021

 

 

Univar Solutions reaches Agreement to divest Distrupol

U.S. based Distributor exits European Plastics Distribution Activities in Private Equity sponsored Transaction

Global chemicals and ingredients distributor Univar Solutions, Inc. (Downers Grove, IL – United States) will exit its Plastics distribution activities in Europe. Its UK-based subsidiary Distrupol Ltd. (Chertsey, Surrey – United Kingdom) and related companies located in the Benelux and the Nordic regions are going to be acquired by GPD Companies, Inc. (The Woodlands (Houston), TX – United States of America), an affiliate of One Rock Capital Partners, LLC for an undisclosed amount.

 

GDP Companies is a holding company formed by One Rock Capital Partners with the objective of creating a “leading group of global value added distributors [for Polymers]”. One of its operational entities is Nexeo Plastics, the announcement said. Upon consumation of the transaction, Distrupol will join the group.

 

Source: GPD Companies press release, DistriConsult analysis

 

HGE – DCG / 29.01.2021

IMCD to acquire the Personal Care Business of Ejder Kimya

Guenther Eberhardguenther

Expansion of Personal Care Coverage in Turkey

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) has announced the signing of an agreement to acquire the Personal Care business of Ejder Kimya İlaç Danışmanlık Sanayi ve Ticaret A.Ş. [“Ejder Kimya”] (İstanbul, Turkey) for an undisclosed sum..

 

Ejder Kimya was founded in 1999 and is a Turkish chemicals distributor of additives and raw materials for the Personal Care, Pharmaceuticals and Food industry.

 

The Personal Care business at the heart of the deal generated revenues of EUR 4.7 mn in 2019, IMCD said in the announcement. Closing of the transaction is subject to customary closing conditions and regulatory approvals, and is expected to take place in January 2021.

 

Source: IMCD press release

 

HGE – DCG / 30.11.2020

IMCD to acquire the Pharmaceutical Business of Peak International

Further Addition to Pharmaceuticals Business Group of IMCD

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced last week that it has signed an agreement to acquire the pharmaceutical business of Peak International Products B.V. [“Peak International”] (Eerbeek, The Netherlands), a distributor for Active Pharmaceutical Ingredients (“API”) selling in the Benelux region, Vietnam, Germany and Israel.

The business within the scope of the transaction generated revenues of approx. EUR 5.8 mn in 2019. It will be integrated into IMCD’s Business Group Pharmaceuticals, the company said in a statement. No further financial details were disclosed on the transaction.

Source: IMCD press release

HGE – DCG / 10.11.2020

Brenntag to acquire Comelt and Aquadepur in Italy

Expansion into Activated Carbon based Water and Air Purification Applications for Brenntag

Global chemical distributor Brenntag AG (Essen, Germany) announced  that the group has signed an agreement to acquire Comelt S.p.A. (Cernusco sul Naviglio (MI) – Italy) and its subsidiary Aquadepur S.r.l. (Cogliate (MB), Italy) for an undisclosed sum.  According to the announcement, the two businesses focus on the processing, marketing, and distribution of Activated and Re-activated Carbon for different applications such as Water Filtration and Purification of Air and Flue Gas. Included in the transaction are warehouses and a laboratory located in Northern Italy.

 

The acquired business generated sales of approx. EUR 31 mn in FY2019, Brenntag said. No further financial details were disclosed on the transaction, which is expected to close during this quarter, after certain contractual conditions have been met and regulatory approvals have been obtained.

 

Source: Brenntag press release

 

HGE – DCG / 19.10.2020

IMCD has acquired Kokko-Fiber in Finland

Expansion of Composites Material Activities in Northern Europe

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced last week that it has acquired 100% of the share capital of Oy Kokko-Fiber Ab [“Kokko-Fiber”] (Kokkola, Finland), a supplier of fiber-reinforced plastic / composite materials in Finland.

 

The company was founded in 1994. It serves a broad customer base that includes many of the largest Finnish companies that use fiber-reinforced plastics in their operations, IMCD said in the announcement. The company has five employees and posted a revenue of EUR 9.0 mn in 2019.

 

The company will continue with its present management and staff. No financial details were disclosed on this transaction.

 

Source: IMCD press release

 

HGE – DCG / 22.09.2020