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German Distributors Team up to Buy Quaron France

12:59 PM MST | January 18, 2011 | Ian Young

Chemical distributors Stockmeier (Bielefeld, Germany) and Overlack (Mönchengladbach, Germany) say they have agreed jointly to acquire distributor Quaron France from Eurochem (Wormerveer, the Netherlands). Financial terms were not disclosed. Stockmeier and Overlack have created a joint venture, Kem, for the purpose of the acquisition. "The acquisition by Kem is a first step through which Kem's shareholders demonstrate their commitment to build a solid distribution network for chemical products in Europe," the partners say. Eurochem agreed earlier to...

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