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Biesterfeld AG Ferdinandstr.41 20095 Hamburg, Germany http://www.biesterfeld.com
Contact Mr Liesl Lim +65 6749 5355
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Biesterfeld AG

Biesterfeld Group acquires GME Chemicals and expands its presence in Asia

Joint venture with majority stake / Full acquisition in 2026

(PresseBox) (Hamburg/Singapore, )
The Biesterfeld Group, Hamburg, has established a joint venture by acquiring a majority stake in Singapore-based GME Chemicals. The closing was now completed. A complete takeover of the remaining shares will take place in five years, according to the contract. By acquiring a stake in GME Chemicals, one of the leading distributors of specialty chemicals and polymers in South-East Asia, Biesterfeld is continuing its geographic expansion and growth strategy and laying the foundation for a targeted and long-term expansion of its market position in one of the world's fastest-growing regions in its core business.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.