Overlack Group Acquires Ceepal
The Overlack Group, a chemical distributor for commodities and specialties, acquired Belgian chemical distributor Ceepal. Headquartered in Mönchengladbach, Germany, Overlack has more than 40 operations in 16 countries across Europe and reported annual sales of EUR 645 million in 2016.
Belgium is a very important location in Europe and Ceepal with its position in Overpelt gives Overlack the opportunity to strengthen its presence in Europe. ”We already have a very close network of clients and suppliers in the region due to our locations in Mönchengladbach, Düren and Eindhoven, but we see a lot more potential for our activities in this region,” said Gunther van Baelen, managing director Benelux.
”After more than 50 years, we have established a very good market position and acquired an excellent reputation in Belgium. It is now the right moment for us to go one step further,” said Gil Ceelen, director of Ceepal.
Customers in the region will profit from Overlack’s Europe-wide presence, its broader product portfolio and market knowledge, as well as its company culture, which is based on values such as reliability, flexibility and sustainability.
