The STOCKMEIER Group will acquire a majority shareholding in Kemtan AG, based in Reinach near Basel, at the beginning of 2020. The Swiss company is a long-established trading house for specialty chemicals and contractual partner of well-known manufacturers.
With the acquisition of the majority of shares in Kemtan AG, the STOCKMEIER Group is continuing its expansion course in Europe. The Bielefeld-based family business is not only strongly represented in its home market of Germany, but also in Spain, France, Benelux, Austria and Central Eastern Europe. With Kemtan AG, the Swiss market is now to be further developed.
"We are very pleased that Kemtan AG will be part of our group of companies in the future and that STOCKMEIER will thus also be represented locally in Switzerland. The profile of Kemtan AG fits perfectly into the STOCKMEIER Group", says Peter Stockmeier, Managing Partner of the STOCKMEIER Group, about the latest acquisition. In 2019, the Group had already grown significantly through acquisitions in Spain, France and Hungary.
Kemtan's product portfolio will be wisely expanded through integration into the STOCKMEIER Group. Long-standing partners as well as new partners will accompany the STOCKMEIER Group on its way to Switzerland and will in future entrust Kemtan AG with the representation rights for the Swiss market.