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People & Business :: M&A

DKSH acquires specialties distributor in Spain, Portugal

9:41 AM MDT | June 17, 2014 | Ian Young

DKSH (Zurich) says that it has acquired Zeus Química (Barcelona), a distributor of specialty chemicals in Spain and Portugal. Finanical terms of the deal have not been disclosed. Zeus Química has sales of more than 50 million Swiss francs/year, DKSH says. The company will become a part of DKSH's performance materials business, which specializes in chemical distribution. Buying Zeus Química strengthens the market position of DKSH's performance materials business unit in Europe, complementing its market leadership in Asia, DKSH says...

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