Tag Archives: Industrial Chemicals

Biesterfeld acquires GME Chemicals in Singapore

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Expanded Presence in Asia for German Distribution Group

Polymers, elastomers and speciality chemicals distributor Biesterfeld AG (Hamburg, Germany),  has acquired a majority stake in Singapore-based distribution company GME Chemicals Pte. Ltd. (Singapore) for an undisclosed sum. The outstanding shares will be acquired at a later stage, with full take-over planned for the year 2026.

 

Established in 1999 in Singapore, GME Chemicals today has subsidiaries in Malaysia, Indonesia, Vietnam, Thailand and China with a staff of 60 employees. The company is active in performance and industrial chemicals, elastomers and specialty polymers. It supplies customers in sectors such as Petrochemicals, Industrials, Personal Care, Food, Pharmaceuticals and Animal Nutrition.

 

No financial details were disclosed on the transaction.

 

Biesterfeld press release; GME Chemicals website

 

HGE / DCG – 21.10.2021

OQEMA announces the Acquisition of Casoria in Ireland

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German Distribution Group further expands Activities in Ireland

Chemicals distributor OQEMA AG (Korschenbroich / Liedberg (Mönchengladbach), Germany)  has announced the acquisition of Casoria Company Ltd. (Cavan, Co. Cavan, Ireland), a regional distributor for a range of industrial chemicals.

Founded in 1998 by Declan Young, its current Managing Director, the company also markets food hygiene solutions and selected metal products. According to the announcement, the management of Casoria will remain in place and join part of the “OQEMA Western Hub”, which includes the existing Irish based businesses of the group.

No financial details were disclosed on the transaction.

Source: OQEMA press release; Casoria website

HGE – DCG / 24.08.2021

Azelis announces Agreement to acquire Orokia Israel Ltd.

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Private Equity owned Distribution Group enters enters Market in Israel for the first Time

Specialty chemicals and food ingredients distributor Azelis S.A. (Munsbach, Luxembourg) has recently announced that it has signed an agreement to acquire  Orokia Israel Ltd. (Netanya, Israel), a distributor of specialty chemicals.

Created in 2005, Orokia today is active in multiple market segments.  Representing several of what Azelis calls “blue chip principals”, the company serves a range of industries, such as Agrochemicals, Animal Nutrition, Personal Care, Food, Pharmaceuticals and Industrial Chemicals. All of Orokia’s employees will move to Azelis, the statement said.

No financial information was disclosed on the transaction.

Source: Azelis press release, DistriConsult analysis

HGE – DCG / 24.07.2020