German chemical distributor OQEMA has acquired French outfit Orosolv to boost its infrastructure and service capabilities in the country.
Orosolv, located close to Lyon in south-east France, has two warehouse locations, its own logistics, blending and repacking facilities, with over 20 employees.
OQEMA said the acquisition boosts its infrastructure by focusing on the network expansion of warehouses while Orosolv’s focus on repackaging and the formulation of paints and solvents complements its existing offer.
“The Orosolv Group with its warehouses, bulk storage, service facilities and its high level of technical expertise offers us great opportunities in the expansion of our portfolio and in value added services for our customers,” said Jean-Francois Daligault, managing director of OQEMA France (pictured, left).
Orosolv, which was founded in 2005 by Stéphane Farissier, will be integrated in the future with OQEMA France.
“The Orosolv Group distributes all types of chemical products, lubricants, heat transfer fluids, surface treatment products, paints, and collects and processes industrial waste,” said OQEMA Group CFO Hartmut Kunz.
“This is a great addition to our existing portfolio in this region and to the dense and strong European network we already have,” he added.
