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 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Self-assembling gold nanoparticles detect hazardous chemicals

LONDON, UK: Scientists at Imperial College London have developed a system to quickly detect trace amounts of chemicals like pollutants, explosives or ...

Read more
Merck expands Iriodin Icy White Flash printing and plastics range

DARMSTADT, GERMANY: Merck has expanded its range of high-quality products for the printing and plastics industries to include Iriodin Icy White Flash, ...

Read more
Chevron complains against New York State Comptroller, Thomas DiNapoli

SAN RAMON, US: Chevron Corporation filed a complaint before the New York State Joint Commission on public ethics, seeking an investigation of New York ...

Read more
QAPCO opens third LDPE plant in Mesaieed, Qatar

MESAIEED, QATAR: Qatar Petrochemical Company (QAPCO) launched its new state-of-the-art, third low-density polyethylene plant, LDPE 3, at a high-profil ...

Read more
Gulf of Guinea to build methanol plant in Nigeria

ABUJA, NIGERIA: Gulf of Guinea Oil Exploration Limited (GGOEX) is investing N109.02 billion ($700 million) in the establishment of a methanol plant in ...

Read more
AFPM urges EPA to increase biomass-based diesel volumes

WASHINGTON DC, US: The American Fuel & Petrochemical Manufacturers (AFPM) filed a petition for reconsideration of the Environmental Protection Age ...

Read more