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NEWS BULLETIN
CHEMICAL DISTRIBUTION
well-established group but still retain a lot of responsibility locally.” www.krahn.eu BM ADDS AFRICAN DEALS
BIG NORDIC DEAL FOR KRAHN
Krahn Chemie has acquired majority stakes in six companies from Jollis AB & Partners. The companies involved include AmphoChem, a leading Nordic distributor of industrial chemicals, additives and specialty chemicals; and Pemco Additives, another leading Nordic distributor active in the fuels, lubricants and petrochemical industries. Both are headquartered in Gothenburg and represent renowned international suppliers in Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia and Lithuania. Krahn has also acquired 100 per cent of Petrico Ltd, based in Sandbach, UK and in which Pemco formerly had a majority stake; Petrico is a distributor of petroleum and chemical products for the lubricants and additives sectors. Krahn Chemie has also invested in Gothenburg-based BGM Logistics, a provider of logistics solutions for warehousing, thirdparty logistics and distribution in Sweden, and Temper Technology, which produces sustainable and energy-efficient heat transfer fluids and antifreeze products. The deal also includes Pemco-Trigueros Additives, which distributes
HCB MONTHLY | MARCH 2021
additives and base oils for use in fuels and industrial and automotive formulations in Spain. To accommodate the newly acquired activities, Krahn has formed a new company, Krahn Nordics AB, which will be managed by Chatarina Schneider, former managing director of the acquired companies. “The values of Krahn Chemie as a family-owned, mediumsized company fit very well with those of AmphoChem, Pemco Additives, Temper Technology and BGM,” she says. “The exchange of skills and know-how that will take place between Krahn Chemie and the newly acquired companies will also be of benefit to the key producers in our industries.” “This transaction, like the acquisition of InterActive in Greece at the beginning of 2020, represents another important step for the Krahn Chemie Group to sustainably secure its future and further strengthen its position as a pan-European distributor,” says Axel Sebbesse, chief development officer and head of mergers and acquisitions at the Otto Krahn Group, parent of Krahn Chemie. “Krahn is the ideal platform for companies that want to benefit from the added value of an international
Bodo Möller Chemie has extended its partnership with BASF in Africa with two new arrangements. In the first, Bodo Möller Chemie South Africa has expanded its distribution agreement with BASF South Africa to include resins and additives, in addition to the two companies’ successful partnership in dispersions for the coatings, adhesives, sealants and elastomers (CASE) sector in the southern Africa region. “The industrial use of CASE materials continues to grow in African countries. Owing to the exclusive distribution agreements with our long-standing partner BASF, Bodo Möller Chemie is reacting to the growing demand of local users,” says Florian Krückl, vice-president, Global Business Management CASE & Textile Effects, at the Bodo Möller Chemie Group. Bodo Möller Chemie has also been appointed by BASF as its exclusive distributor for resins and additives for the paints and coatings industry in Egypt. “Coatings, Adhesives, Sealants and Elastomers are decisive cornerstones of modern industry used in key sectors like the automobile industry or the timber and construction sector. Nowadays, the needs of our customers go clearly beyond the product and require the comprehensive expertise from our distributor’s side,” says Krükl. “Close partnerships with a manufacturer like BASF are extremely important, because only in this way we can jointly offer the best solution for our customers.” bm-chemie.com UNIVAR’S SASOL AGREEMENT
Univar Solutions has reached agreement with Sasol Chemicals to become its primary distributor of alcohol and surfactant products in the US and Canada. “Univar Solutions’
