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Announced

Completed

Biesterfeld Group completed the acquisition of GME Chemicals.

Synopsis

Biesterfeld Group, a distributor of plastics, completed the acquisition of GME Chemicalsm a specialty chemicals and polymers distributor. Financial terms were not disclosed. "Asia is a significant growth market and of strategic importance to us. Here, too, we want to significantly increase our market presence together with our suppliers. As a family-owned company, reliability, a long-term commitment, and the joint cooperation of all employees are particularly important to us. The GME portfolio is an excellent addition to the Biesterfeld Group and we are gaining highly qualified employees. I look forward to the cooperation and a successful future together," Dirk Biesterfeld, Biesterfeld Chairman.

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