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