Oqema expands its business through the acquisition of Stera Chemicals
Oqema has announced its acquisition of Stera Chemicals, one of the largest distributors of chemical raw materials in Romania.
This strategic move will not only expand Oqema's product portfolio, but also strengthen its service infrastructure in Southeast Europe (SEE) and its specialties footprint.
Stera Chemicals has a remarkable success story, having grown from a startup with only two employees and a laboratory to become one of the largest distributors of raw materials in the Romanian market. With a portfolio of over 1,000 products, Stera Chemicals serves more than 1,100 customers and operates as a major gateway to East and South East Europe.
The acquisition of Stera Chemicals is a significant milestone for Oqema, as it will enable the company to better serve specialty customers in the SEE region and beyond with an expanded product range. Furthermore, Stera Chemicals' operational excellence, with 90% of all orders shipped and received the next day, strengthens Oqema's customer-oriented culture and will enhance the company's overall service offering.
The founder and current owner of Stera Chemicals, Alecsandru Rasidescu, will continue to lead the business as managing director jointly with László Piry, Regional Head SEE, and Zsolt Bara, Managing Director Oqema Romania.
