STOCKMEIER takes over 100% of Quaron S.A.S.

22-Jul-2019 - France

STOCKMEIER Holding GmbH acquires a further 50% of Quaron SAS in France retroactively to 01.07.2019. This means that the Bielefeld-based family business now holds 100% of the shares.

Quaron is one of the leading suppliers of chemicals in France. In addition to the classic distribution of chemicals, the portfolio also includes the development and production of cleaning agents and disinfectants. The company has 7 locations and a comprehensive sales network in France. With 300 employees, the company generated sales of € 180 million last year.

STOCKMEIER Holding GmbH has held a 50% stake in Quaron since 2011. At that time, the company was taken over through a joint venture with Oqema. Now STOCKMEIER has acquired the remaining shares of Oqema.

With this acquisition, the STOCKMEIER Group further expands its position in the European market. In March, the company had already acquired the industrial chemicals division of the INDUKERN Group in Spain, which is now being continued as STOCKMEIER Química SLU under the umbrella of the STOCKMEIER Group. At Quaron, the existing structures will be retained and business will continue as before. Together with the colleagues from Quaron, the expansion of the international key account management will be continued.

"We are very pleased that Quaron now belongs 100% to the STOCKMEIER Group. There are many synergies in the field of chemical distribution and the manufacture of cleaning agents which we will use intensively in the future," says Peter Stockmeier, managing partner of STOCKMEIER Holding GmbH. This acquisition was another important step for us in the market consolidation and we will significantly increase our service offer for our customers and suppliers".

https://www.chemeurope.com/en/news/1162008/stockmeier-takes-over-100-of-quaron-s-a-s.html