Bodo Möller Chemie Group enters exclusive acquisition talks with Rocktin

Strengthen adhesives distribution in Asia

22-Nov-2024

Bodo Möller Chemie Group has announced its entry into exclusive discussions regarding the potential acquisition of Rocktin’s distribution activities, aiming to further increase its strategic growth in Asia. This acquisition represents a significant milestone in Bodo Möller Chemie’s ongoing mission to expand its reach in the specialty chemical distribution sector, reinforcing its product offerings across the APAC region.

The acquisition would enable Bodo Möller Chemie to integrate most of Rocktin’s distribution operations, offering an exceptional opportunity to extend its product portfolio and deepen partnerships with key principals in Asia. This collaboration will harness the complementary strengths of both companies, positioning Bodo Möller Chemie as a premier distributor of adhesives and specialty chemicals in the region. Additionally, Rocktin customers would gain access to a global network and enhanced technical support through Bodo Möller Chemie’s newly inaugurated laboratory facilities in Shanghai, providing state-of-the-art testing and formulation services.

Strategic Market Positioning: A Key Milestone for Group Growth in Asia

“This acquisition aligns perfectly with our growth strategy, allowing us to reinforce our presence in Asia and enhance the support we provide to both our partners and customers,” stated Mr. Frank Haug, CEO of Bodo Möller Chemie Group. “We are constantly exploring strategic opportunities worldwide to position ourselves as the leading distributor in specialty chemicals. The integration with Rocktin will be a pivotal step in strengthening our market position in APAC, and we are thrilled to bring together the expertise and innovation of both companies.”

Upon completion, the combined entity will establish a strong foothold across several Asian markets, including China, Vietnam, and neighboring countries, with projected revenues exceeding USD 100 million. This transaction is anticipated to be finalized in the second quarter of 2025, pending regulatory approvals and final agreement terms.

The merger of Bodo Möller Chemie’s global expertise and Rocktin’s established local presence will create a uniquely capable and resourceful player in the adhesives market, offering an unparalleled distribution platform and end-to-end solutions tailored for the APAC region.

https://www.chemeurope.com/en/news/1184963/bodo-moeller-chemie-group-enters-exclusive-acquisition-talks-with-rocktin.html