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OQEMA AG Schlossstrasse 39 41352 Korschenbroich / Liedberg, Germany http://oqema.com
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OQEMA AG

Chemical distributor OQEMA grows with acquisition in Scandinavia

(PresseBox) (Mönchengladbach, )
  • OQEMA acquires Chemark ApS, Tureby, Denmark
  • The move has generated strong growth for the company’s network in Scandinavia
  • The OQEMA Group continues to pursue its European strategy with the acquisition
The OQEMA Group has taken over the Danish chemical distributor Chemark ApS and will integrate the company going forward. The company, which focuses on solvents, has been active in the Nordic distribution market for around 20 years and works with some of the largest producers of solvents worldwide. Chemark is a perfect complement to the OQEMA portfolio in the following industries: paint and coatings, pharmaceuticals, detergents, and HI&I. Its annual turnover is currently around 40 million euros.

Anders Englund and Peter Nielsen, who have successfully managed Chemark for the last 12 years and who will both be leading the company in the future, said: ‘Our roots are medium-sized and family-run. We are sure that OQEMA can take up this tradition and that we will be spared the mistakes that happen when you sell your company to a corporate group.’

Peter Overlack, CEO of OQEMA AG, is proud of the growth in northern Europe, and with this move he and his team continue to pursue the European strategy of the company: ‘Chemark’s turnover is not massive in relation to the overall Scandinavian market. What convinces us is the quality of the business, the quality of the management and the location in the greater Copenhagen area, which provides an excellent operating base for expansion into Sweden, Finland and Norway. The company has cast its net wide into neighbouring markets. We will gladly and with commitment continue to develop it in this direction.’

The OQEMA Group is one of the leading chemical distributors in Europe with 45 sites in 21 countries. We provide services all along supply chains at the point of contact between chemical manufacturers and chemical processing industries. The OQEMA Group has a dynamic, steadily growing portfolio of industrial and specialised chemicals and over 15,000 products.

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OQEMA AG

The OQEMA Group, formerly Overlack, is one of the leading chemical distributors in Europe. Almost 1,200 employees currently work for OQEMA at 45 locations in 21 countries. At the interface between chemicals manufacturers and chemical-processing industries, the OQEMA Group provides pan-European services along the supply chains, which includes procurement, product development, individual mixing, logistics and recycling. The Group has specific expertise in the technical and regulatory support of its customers. OQEMA is also the exclusive distribution partner of various renowned producers. OQEMA offers a highly dynamic and continuously expanding product portfolio of more than 15,000 products.

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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.