August 14 2019, David R Brown
OQEMA grows with acquisitions in Northern Ireland and the Republic of Ireland
OQEMA AG has taken over the chemical distributor and manufacturer Rocara and will integrate the companies into the OQEMA Group. With operations in Belfast and Dublin, Rocara provides a wide range of general and speciality chemicals, solvents and surfactants. Since its foundation in 2006 the group of companies has been a driving force in the chemical distribution and manufacturing market in the Republic of Ireland and Northern Ireland representing global manufacturers.
We now have a strategic foothold on the island of Ireland for the progression of the OQEMA business
Rob Moss
Managing Director of OQEMA Ltd
Rob Moss, Managing Director of OQEMA Ltd in the UK, said: “We are very pleased to be welcoming the Rocara companies into the OQEMA Group. This acquisition supports our business in so many ways. The surfactants help consolidate our personal and home care business whilst the solvents are a natural extension of our existing business. On top of this, we now have a strategic foothold on the island of Ireland for the progression of the OQEMA business.”
Rocara will initially continue to operate under its existing brand, with both founders of Rocara, Karl Carpenter and Jonathan Morrow, remaining with the company to help consolidate the acquisition and grow the business. They commented: “We are both delighted with the sale of our group of companies to OQEMA which opens up wonderful opportunities for both our suppliers and customers and future proofs our company within the OQEMA Group.”
The acquisition completes the portfolio of the UK and demonstrates OQEMA's aim to consistently implement its European growth strategy and expand and standardise its portfolio.
About Oqema
OQEMA, formerly Overlack, is one of is one of the ten largest chemical distributors in Europe with revenues of around EUR 820 million in 2018. Over 1,000 employees currently work for the OQEMA Group at 40 locations in 18 countries. The company is in the third generation of family ownership and has been led by CEO Peter Overlack since 1988.
Source(s): Oqema Press Release
Further Information
Visit: https://oqema.com