Krahn Chemie acquires stake in Italian specialty chemicals manufacturer and distributor
Krahn Chemie, part of the globally active Otto Krahn Group, has acquired shares of Italian distributor, a distributor of specialty chemicals for the homecare, personal care, industrial and institutional cleaning market.
Specialities is a distributor of specialty chemicals for the homecare, personal care, industrial and institutional cleaning market and distributes all over Europe its own product portfolio. The distributor is also the distributor of surfactants for Nouryon in Italy. The company has decades of experience, its own application laboratory for the development of innovative formulation concepts and a production facility for the manufacturing of raw materials for the cleaning markets.
“With this investment, Krahn is strengthening its commitment in a promising growth market and further expanding its existing activities. With Krahn Italia, we have established trusted access to the market and together with Specialities , we can provide our customers even more comprehensive support and strategically develop both companies”, says Dr. Rolf Kuropka, CEO of Krahn.
Expand the italian market
According to Fabrizio Belli, CEO and previous sole owner of the distributor, the partnership with Krahn offers a great opportunity for networking and the possibility to expand the market in Italy. Enrico Bozzi, Managing Director of Krahn Italia, and Fabrizio Belli have known and appreciated each other for many years and have built a very good basis of mutual trust.
The specific application lab expertise of Specialities and the long experience in the cleaning applications offer support to develop innovative formulation concepts in several fields: automatic dishwashing, laundry, hard surface, disinfection, metal cleaning, probiotics and odor control.
