Consolidation in German Distribution Market continues

Privately held chemical distributor VMP Chemiekontor GmbH (Siegburg, Germany) has recently announced the acquisition of Quaan GmbH (Hamburg, Germany), a trader and distributor of Additives, Fillers, Pigments, Resins and Solvents for the CASE (= Coatings, Adhesives, Sealants & Elastomers) sector from sole shareholder Harry Reimers for an undisclosed sum.

Source: VMP Chemiekontor website

HGE – DCG / 18.01.2021