KRAHN CHEMIE enters Italy

11-Apr-2014 - Germany

KRAHN CHEMIE GmbH has acquired a majority share in Pietro Carini S.p.A..

With the acquisition of Pietro Carini only one year after the takeover of ICH Benelux KRAHN CHEMIE consistently follows its regional growth strategy within Europestarted in 2009. Italy is the third largest chemical distribution market in Europe and still very fragmented.

“The acquisition of Pietro Carini is a high strategic fit,” Axel Sebbesse, Managing Director of KRAHN CHEMIE, comments. “Pietro Carini provides us with a strong regional footprint and with a solid basis for further growth in the highly attractive Italian market. The long-term relationships to strategic suppliers and the in-depth local industry expertise of the team of Pietro Carini will also strengthen our existing core business segments in Europe.”

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