Biesterfeld Takes Control of Bulgarian Affiliate

Specialties distributor Biesterfeld Spezialchemie (Hamburg) has become sole owner of Biesterfeld Pro (Sofia) by acquiring the 50% stake of its joint venture partner, Bross Holding. Biesterfeld Pro has started operating under the Biesterfeld Bulgaria name. "Since its foundation five years ago, our subsidiary has achieved a rapidly growing position within the Bulgarian specialty chemicals distribution market," says Onno Graalmann, managing director at Biesterfeld...

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