Sector News

Clariant acquires Swedish De-icing Specialist Aerochem AB

January 16, 2015
Energy & Chemical Value Chain
Clariant, a world leader in specialty chemicals, has announced today that its Business Unit Industrial & Consumer Specialties (BU ICS) has completed the acquisition of the de-icing specialist Aerochem AB, a privately-owned company based in Stockholm, Sweden. Centrally located within the Nordic region Aerochem has a leading market position in supplying de-icing fluids to the aviation and railway industries in Sweden, Norway and Denmark. The company reported average sales of CHF 20 Mio at accretive profitability for Clariant. Financial details of the acquisition are not being disclosed.
 
Since 2008, Aerochem has been Clariant’s exclusive partner for selling aircraft de-icing fluids (ADF) to customers in the Nordic market, amongst them the airports of Stockholm, Oslo and Copenhagen. The company offers its customers a total service concept from manufacturing to on-time deliveries. 
 
Clariant’s BU ICS has a leading position in the aviation industry in Europe and North America serving airports via airlines, ground handling companies and airport operators responsible for aircraft and runway de-icing operations. 
 
“The acquisition is in line with our growth and sustainability strategy”, said Hariolf Kottmann, CEO of Clariant. “Aerochem offers access to the attractive de-icing markets in the Nordics and provides an excellent platform for our activities in recycling of aircraft de-icing fluids in Europe.”
 
Michael Willome, Head of BU ICS, said: “This acquisition puts our aviation business in a position to move one step forward in the value chain in the Nordics and to enhance our position in this sector with direct market access to our local customers.”
 

comments closed

Related News

July 21, 2024

PepsiCo and Yara partner to decarbonise European crop production

Energy & Chemical Value Chain

PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.

July 21, 2024

BASF sells Flocculants business for mining applications to Solenis

Energy & Chemical Value Chain

BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.

July 21, 2024

ADAMA announces Gaël Hili as President and CEO replacing Steve Hawkins

Energy & Chemical Value Chain

ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.

How can we help you?

We're easy to reach