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
Rotterdam-based Distributor to expand global (Bio)pharmaceutical Activities
International producer and distributor of food ingredients and chemicals, Caldic B.V. (Rotterdam, The Netherlands) has announced that it has signed an agreement to acquire Brand-Nu Laboratories Inc. [“Brand-Nu”] (Meridien, Connecticut – United States) and its subsidiary BNL Sciences Ltd. [“BNL Sciences”] (Naas , Co. Kildare – Ireland), two distributors of high purity specialty chemicals and biological raw materials.
Privately-owned Brand-Nu was set up in 1956. The company serves customers in the Pharmaceutical, Biopharmaceutical, Medical Device and Microelectronic industry with a range of high purity chemicals, excipinets and biological raw materials, Caldic said in the statement. BNL Scienes was established in 2003 and caters to Biopharmaceutical, Pharmaceutical and Medical Device producers. The leadership teams around John Gorman, President of Brand-Nu will continue to work in the business.
No financial details were disclosed on the transaction, which is expected to close by end of the year, subject to certain customary closing conditions and regulatory approvals.
Source: Caldic press release
HGE – DCG / 23.10.2020