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People & Business :: M&A
Barentz-Ravago JV acquires Austrian distributor
1:25 PM MST | February 5, 2013 | Ian Young
Barentz Ravago Chemical Specialist (BRCS Group), a 50-50 chemical distribution joint venture between Barentz Europe (Hoofddorp, Netherlands) and Ravago Group (Arendonk, Belgium), has acquired Chemres (Werndorf, Austria), a distributor of industrial chemicals in the Austrian market. Financial terms of the deal were not disclosed. "We were looking for a business partner with excellent knowledge of the Austrian market, who could help us and our principals grow in Austria, and have found this partner in Chemres and its CEO Robert Ornik," says Hidde van der...
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