Announced

Completed

STOCKMEIER completed the acquisition of a majority stake in Vesta Chemicals.

Synopsis

STOCKMEIER, a company involved in the distribution, production, and services related to chemicals, completed the acquisition of a majority stake in Vesta Chemicals, a distribution company specializing in fine chemicals, intermediates, and specialty chemicals. Financial terms were not disclosed. "We are pleased to be part of the STOCKMEIER Group. This acquisition is a significant milestone in our company's history, which enables us to continue our growth strategy to serve the developing needs of our customers and to better meet the increased requirements in our specialty chemicals market," Harry Kleinsmit, Vesta Chemicals CEO.

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