Distributor Neochimiki spins off activities in five European countries

A group of international businessmen led by Theofanis Gerodimos has acquired the activities of chemical distributor Neochimiki (Athens) in Bulgaria, Croatia, Romania, Serbia, and Ukraine. The acquired distribution operations have been combined under a new entity, Interallis Chemicals (Sofia, Bulgaria). The new company, headed by former Neochimiki executive Nikos Kazantzis, has estimated sales of about €50 million ($65 million)/year. Private equity firm The Carlyle Group (Washington) acquired Neochimiki for more than €700 million in 2008, even though...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers