
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.
Oqema has announced its acquisition of Stera Chemicals, one of the largest distributors of chemical raw materials in Romania.
Chemicals distributor Oqema has strengthened its market position in Germany with the acquisition of ACC Beku, a specialty chemicals distributors that manufactures and bottles hardeners, lacquers and other “everyday” products. ACC Bekku now operates as an independent subsidiary of Oqema under the name Oqemiqs.
CHEManager asked executives and industry experts to share their views on the prospects for the chemical distribution sector.
Mergers & acquisitions activity in the chemical distribution industry was high in 2021, but current macro-economic conditions may have a dampening effect on the number of deals that will conclude by the end of this year.
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.
German chemicals distributor Oqema has acquired Ireland’s Casoria for an undisclosed sum, expanding both its network in the country and its product portfolio. Based in Cavan, Casoria distributes a range of chemicals and metals to the Irish market.
Analysis of the mergers & acquisitions activity in chemical distribution under the impression of the pandemic situation and how it might develop going forward.
In a move to strengthen its market position in Austria and expertise in specialties, Oqema has acquired a majority share in Austria-based CB Chemie.
German chemical distributor Oqema has acquired Hamburg, Germany-based compatriot Claus Nitsche & Sohn. Oqema said that with its focus on high-quality essential oils, natural flavors, fragrances ingredients and innovative ingredients solutions, the product scope of Claus Nitsche & Sohn is a perfect complement to the groups’s Flavour & Fragrance range.
Global chemical company Solvay and specialty chemicals distributor Oqema have entered into a distribution partnership for phenol and phenol derivatives. The partnership covers Solvay’s products hydroquinone, methylhydroquinone, TBC and PTZ for the monomers market, alongside other phenol derivatives for the agrochemicals and pharma markets.
Digitalization is a very important topic not only in the chemical industry as a whole, but also in chemical distribution.