UK outfit 2M Group of Companies (2M) has acquired Spanish personal care ingredient distributor Chemir.
2M has acquired the majority of equity in Chemir with managing director Mercè Rodríguez retaining equity.
“Chemir has an excellent reputation and strong expertise in supplying Spain and Portugal’s Cosmetics Industries and we will support its further growth” said Mottie Kessler OBE, 2M Chairman and CEO.
“I am delighted to join the 2M Group of Companies. We share a common culture and focus on supporting our suppliers and customers through knowledge and application laboratories” said Mercè Rodríguez, Chemir managing director.
Further financial details about the acqusition were not disclosed.
Chemir joins 2M’s pan-European portfolio of life science distribution companies, which includes Surfachem (UK), Surfachem Deutschland (Germany), Surfachem Nordic (Norway), Ingretech (France), Bregaglio (Italy) and Surfachem Polska (Poland).
2M’s European presence also includes Banner Chemicals Benelux (Belgium) and CE-O2 Trockeneis (Germany).