DKSH acquires specialty chemicals distributor in Australia

DKSH acquires specialty chemicals distributor in Australia

3:34 AM, 31st August 2011
DKSH acquires specialty chemicals distributor in Australia

 

MELBOURNE, AUSTRALIA/ZURICH, SWITZERLAND: DKSH will acquire Melbourne-based Tiger Chemicals Company, which will be integrated into DKSH’s Business Unit Performance Materials. With this transaction, Performance Materials, a specialty chemicals distributor, gains access to several hundred customers and a sales team with more than 30 years of experience in specialty chemicals distribution.

The takeover of Tiger Chemicals Company strengthens DKSH’s footprint in Australia enabling further growth to an expanded customer base. Moreover, it enables the company to extend its activities to New Zealand and an even better market coverage in Asia Pacific.

The owner of Tiger Chemicals Company, Rex Gordon, will continue to be actively involved in the business within DKSH Australia to ensure a smooth transfer of the business relationships.

To enable and manage the strategic expansion and growth of the business in this region, the current management team has been enhanced. Michael Joyce has been appointed as Head of Business Unit Performance Materials for Australia and New Zealand.

(C) WOC News

 

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