Sector News

Krahn Chemie acquires distribution business of Memolex SAS

February 6, 2018
Chemical Value Chain

The Krahn Chemie Group has acquired the distribution business of French Memolex SAS and has established Krahn France SAS.

Memolex, founded in 1986, focusses on the sales and distribution of plastic additives in the French market by representing renowned international suppliers. Like Krahn, Memolex pursues a strong technical sales approach and maintains close relationships to its French customers. The former Memolex team has been transferred to Krahn France so that a smooth continuation and the ongoing development of the business is ensured.The new Krahn France team will be operating from the former Memolex site, which is located in Milly-la-Forêt close to Paris.

“This strategically important acquisition gives us as Krahn Group now the opportunity to expand in the French market. Based on the successful business the Memolex team has established over the last years, we are proud of getting the chance to further developing these activities. I am very happy that we as Krahn Group can – from now on also in the French market – offer our partners the same Krahn service they already know from other countries”, says Axel Sebbesse, Managing Director of the Krahn Chemie group.

“Value for both sides”

“The new affiliation with the Krahn Group provides us with a strong and solid basis for our future business development. I am delighted to be now part of a group which also strongly believes that a deep industry and market knowledge is the key to create value for both sides – our customers and suppliers”, says Franck Louichon, who established the PVC Additives business at Memolex in 1992 and has now joined the management team of Krahn France.

Source: European Coatings

comments closed

Related News

December 3, 2022

Corteva to acquire Stoller Group for $1.2 billion

Chemical Value Chain

Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.

December 3, 2022

OMV introduces new corporate structure to drive sustainable growth and innovation

Chemical Value Chain

OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.

December 3, 2022

What does the current downturn in industrial manufacturing mean for executives searching for a senior role in the chemicals industry?

Chemical Value Chain

The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.