19.04.2022 • News
Oqema Boosts French Footprint with Orosolv Buy
Oqema has acquired the Orosolv Group in France. The deal adds companies in Oyonnax, Ain and Brignais, near Lyon, with more than 20 employees, two warehouse locations, as well as logistics, blending and repacking facilities.
The German distribution group said Orosolv’s focus on repackaging and formulating paints and solvents complements its existing offering and strengthens its position both in France, as well as in Europe.
‘The Orosolv Group distributes all types of chemical products, lubricants, heat transfer fluids, surface treatment products, paints, and collects and processes industrial waste. This is a great addition to our existing portfolio in this region and to the dense and strong European network we already have,” commented Oqema’s chief financial officer Hartmut Kunz.
Orosolv will be integrated into Oqema France. Financial terms of the deal were not disclosed.
Author: Elaine Burridge, Freelance Journalist
© OQEMA AG
