DKSH to acquire an 80% stake in Terra Firma for $288m.

DKSH, a provider of sourcing, market insights, marketing and sales, e-commerce, distribution, and logistics services, agreed to acquire an 80% stake in Terra Firma, a distributor of specialty chemicals in North America, for $288m. “Expanding our presence in the North American market has been a strategic focus for our Performance Material business. Terra Firma’s teams operate coast to coast and will accelerate our expansion into the North American specialty chemical distribution market, while we will provide their clients access to our global network. The Terra Firma acquisition is a milestone in the transformation of DKSH Performance Materials to becoming a global player," Stefan Butz, DKSH CEO.