Further growth! ⬆
STOCKMEIER takes over majority of shares in Dutch company Vesta Chemicals.
Bielefeld/Zwolle – STOCKMEIER is excited to welcome a new member in the Group: Vesta Chemicals B.V., located in Zwolle, Netherlands. The family-owned company with headquarters in Bielefeld has taken over the majority of shares in the distribution company for specialty chemicals with retroactive effect from 1st of January 2024.
Vesta Chemicals is a distributor for fine chemicals & Intermediates and specialty chemicals established 1988 in the city of Zwolle. They supply polymerization initiators, organic peroxides and a vast number of organic catalysts and special intermediates to customers producing powder coatings, alkyd resins, polyurethane, epoxy resins, plastics and elastomers, construction chemicals and fragrances in more than 26 European countries and North America. With their own Reach registrations, high standard European ADR warehouses and diversified global supplier base, Vesta can satisfy the needs of their European clients.
The Vesta portfolio is fully complementary to Innochem N.V. in Meerhout, Belgium, STOCKMEIER’s center of excellence for fine chemicals and intermediates as well to STOCKMEIER’s business units for specialty chemicals across Europe. Therefore, Jan Smeets (Managing Director of Innochem) and Dirk Seidel (Managing Director of STOCKMEIER Chemie) together with Erik-Jan van Dijk and Harry Kleinsmit (Vesta Managing Directors) will jointly lead and manage the company and roll out the synergies into the organization.
“We are pleased to acquire the majority in Vesta Chemicals, as further expansion of Specialty Chemicals in Europe. With the acquisition, the STOCKMEIER group now serves the market of polymers and resins with a complete range, starting from polymerization initiators up to inhibitors”, says Jan Smeets, Managing Director of Innochem. “Our aim is to grow our market share with the expertise of Innochem and Vesta is this specific segments.”
Harry Kleinsmit, CEO of Vesta Chemicals, is also glad about this acquisition: “We are excited to become a part of the STOCKMEIER Group. This acquisition is a significant milestone in our company history, enabling us to continue our growth strategy, the evolving needs of our customers and even better fulfil the stricter requirements in our market of Specialty Chemicals.”
#akquisition #growth #chemicaldistribution #stockmeier
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