Tag Archives: Spain

IMPAG acquires Barcelona based INNOVAFOOD

April 20, 2021 Guenther Eberhard Leave a comment

Swiss Distributor enters Iberian Peninsula with Food Ingredients Acquisition

Swiss chemical raw materials and ingredients distributor IMPAG AG (Zurich, Switzerland) has acquired INNOVAFOOD 2005 S.L. (Barcelona, Spain) from founder and CEO Oriol Viladevall for an undisclosed sum. The company, which is active in the Food & Nutrition sector, has a turnover of ca. EUR 10 mn according to media reports, split ca. 40:60 between distribution and agency.

INNOVAFOOD was established in 2005 and supplies a range of natural food ingredients. The company will be integrated into the IMPAG’s network of companies in Switzerland, Germany, France, Poland and Austria.

Source: IMPAG press release, www.sweetpress.com, DistriConsult analysis

HGE – DCG / 20.04.2021

OQEMA announces the Acquisition of Proquibasa in Spain

March 16, 2021 Guenther Eberhard Leave a comment

German Distribution Group expands to the Iberian Peninsula

Chemicals distributor OQEMA AG (Mönchengladbach, Germany) has announced the acquisition of Proquibasa S.A. (Barcelona, Spain) for an undisclosed sum. The company focuses on Coatings, Construction & Adhesives, Industrial Cleaning, Textile & Water Treatment, Food, Feed and Pharma. It has been active in the Spanish distribution market for over 40 years, and more recently also in Portugal and North Africa.

Proquibasa has two main warehouses, located in Barcelona and Madrid, and a network of warehouse locations across Spain and Portugal. Proquibasa’s range of commodity and semi-speciality products and their value-added services are seen as a perfect fit with OQEMA’s “full-line” distribution offering. Ivan Sanchez, who has managed Proquibasa with its team of more than 60 employees since 2016, will continue to lead the company, OQEMA said in the announcement.

No financial details were disclosed on the transaction.

Source: OQEMA press release

HGE – DCG / 16.03.2021

KRAHN Chemie acquires several smaller Distributors and forms KRAHN Nordics AB as new Sub-Holding

February 19, 2021 Guenther Eberhard Leave a comment

German Distributor expands with Add-ons in Sweden, United Kingdom and Spain

Speciality chemicals distributor KRAHN Chemie GmbH (Hamburg, Germany), has acquired a number of distribution businesses from Swedish holding company Jollis AB (Gothenburg, Sweden) for an undisclosed sum.

At the core of the transaction are AmphoChem AB (Gothenburg, Sweden), a distributor of industrial chemicals, additives and specialty chemicals, and Pemco Additives AB (Gothenburg, Sweden), a distributor of industrial chemicals, additives and specialty chemicals active in the Fuels, Lubricants and Petrochemical industries. The companies have sales activities in Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia and Lithuania. The investment also includes Temper Technology AB (Gothenburg, Sweden), a formulator of sustainable and energy-efficient heat transfer fluids and antifreeze products, Pemco-Trigueros Additives Spain S.L., (Alicante, Spain), a distributor of additives and base oils for use in Fuels and Industrial & Automotive formulations in Spain, and BGM Logistics AB (Gothenburg, Sweden), a provider of logistics solutions for warehousing, third-party logistics and distribution in Sweden.

KRAHN said that “in order to bundle the new activities, a new company, KRAHN Nordics AB, has been established. Chatarina Schneider, co-owner of KRAHN Nordics AB and former Managing Director of the acquired entities, will act as Managing Director of KRAHN Nordics AB.”

The transaction also includes 100% of the shares of Petrico Ltd. (Sandbach, United Kingdom), a legal entity whose previous indirect majority owner was Pemco Additives. It acts as a distributor of petroleum and chemical products, specialized in the Lubricants and Additives industries.

No financial details were disclosed on this transaction.

KRAHN Chemie press release

HGE / DCG – 19.02.2021