DKSH acquires Staerkle & Nagler, strengthens European operations

DKSH acquires Staerkle & Nagler, strengthens European operations

11:45 AM, 21st November 2012
DKSH acquires Staerkle & Nagler, strengthens European operations
Dr Joerg Wolle, President & CEO, DKSH Holding.

ZURICH, SWITZERLAND: DKSH has acquired the Swiss specialty chemicals distributor, Staerkle & Nagler, thereby complementing its market leadership in Asia by strengthening the European operations of its Business Unit Performance Materials. With this move, DKSH is driving forward the ongoing consolidation of the rapidly growing, yet highly fragmented Market Expansion Services industry.

Through this transaction, DKSH gains access to attractive new clients and several hundred customers in Switzerland, Germany and Austria. Also coming on board is an experienced team of distribution specialists.

With the acquisition of Staerkle & Nagler, DKSH is enhancing the position of its Business Unit Performance Materials as a pan-European distributor, particularly in its domestic market of Switzerland. Moreover, DKSH can extend its activities to Austria through the established distribution channels of Staerkle & Nagler.

“Those business segments acquired from Staerkle & Nagler will be integrated into our significantly larger platform and successively expanded. We are well positioned to exploit our market leadership as the industry consolidator in our still highly fragmented industry. Both in Europe and Asia, there are promising opportunities to strategically complement our strong organic growth through bolt-on acquisitions,” said Dr Joerg Wolle, President & CEO, DKSH Holding.

© WOC News 



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