October 6 2021, David R Brown
Richard Baker Harrison continues expansion with acquisition of Geniechem
Richard Baker Harrison Ltd (RBH), a market leader in the supply of speciality functional materials, additives and chemicals to the polymer and related industry, has announced the acquisition of privately owned Geniechem Ltd & Geniechem (Europe) Ltd, adding expertise in the CASE and high-end composite sectors to their extensive portfolio of products.
We are excited to launch Geniechem as part of the RBH Group and look forward to its immediate contributions to our success togetherMartin Cicognani
Managing Director of RBH
Geniechem will be an independent member of RBH Group. It will retain the experience and drive of Martin Kaufman in a wider capacity, underlining the commitment of both organisations to create added value for customers and stakeholders.
RBH has a long history of growth and investment in people, products and principals within the chemical distribution sector. The decision to include Geniechem into the family of RBH companies, represents an important strategic investment for RBH as they continue to broaden their portfolio of products and resources to support customers and principals further.
Martin Kaufman, Owner of Geniechem Ltd & Geniechem (Europe) Ltd commented, “We are very excited by RBH’s acquisition and the opportunity it creates to deliver on our customers' requirements. I am delighted to be part of a team whose entrepreneurial spirit and ambitions for the future will enable us to work together in offering a wider portfolio of materials and more efficient supply chains”
Martin Cicognani, Managing Director of RBH said, “This investment provides us with a wider scope for future-focused development and a strong customer base for our products and services that will help to inspire change across our specialist markets. We are excited to launch Geniechem as part of the RBH Group and look forward to its immediate contributions to our success together.”
The deal follows RBH's recent acquistion of water-based polymer dispersions specialist, Dunwood Polymers focused on the CASE and construction sectors.
RBH is a well-respected market leader, supplying speciality functional materials, additives and chemicals to the polymer and related industry sectors. The business dates back to 1858 and through a series of mergers and acquisitions is now part of the O'Brien Group of Companies (OBG). Today the Group employs over 300 personnel and generates revenues in excess of GBP 80M. From its UK headquarters in Manchester, RBH operates 5 strategically located warehouses across Europe and represents a number of international market leading Principals. As a highly technical, value-add distributor, RBH partners with globally positioned producers of speciality and technical products and has a product portfolio centred around essential functional additives and speciality modifiers for property and productivity enhancement.
Source(s): Richard Baker Harrison Press Release