Tag Archives: Singapore

Biesterfeld acquires GME Chemicals in Singapore

Leave a comment

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

Barentz to acquire Singapore-based Nardev Chemie

Leave a comment

Netherlands-based Life Science Ingredients Distributor further expands Presence in Asia-Pacific

Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced yesterday that it has acquired Nardev Chemie Pte. Ltd. [“Nardev”] (Singapore, Singapore), a leading distributor of ingredients for the Personal Care industry in the Asia-Pacific region for an undisclosed sum.

 

Founded in 1989, Nardev is a highly specialised distributor, operating in Indonesia, Thailand, Vietnam, Malaysia and Singapore. Its approx. 90 employees provide technical support and formulation development from in-house laboratories, and state-of-the-art logistics for a portfolio of ca. 3’000 products, the announcement said. The current management team will remain active in the business.

 

Source: Barentz press release

 

HGE – DCG / 23.10.2020