September 20 2022, David R Brown
Safic-Alcan expands its coverage to South America with the acquisition of Proquimil in Brazil
Safic-Alcan, a major distributor of specialty chemicals, announces that it has acquired 100% of Proquimil Produtos Químicos, a Brazilian chemical distributor specialising in rubber and plastic polymers and additives.
The establishment of Safic-Alcan Brasil, the acquisition of Proquimil and the onboarding of Luiz are major steps towards our goal for ongoing geographical diversificationYann Lissillour
CEO of the Safic-Alcan Group
The integration will be led by Luiz Maranho, a seasoned Brazilian executive in the chemical distribution sector, who recently joined the Group to become General Manager of Safic-Alcan Brasil, a newly established entity in the region.
Established over 40 years ago by Mr.Oswaldo Ruffo, Proquimil has established itself as a recognized leader in the field of rubber and plastic distribution and they represent an impressive portfolio of blue-chip producers, providing strong synergies with Safic-Alcan's existing network.
“The establishment of Safic-Alcan Brasil, the acquisition of Proquimil and the onboarding of Luiz are major steps towards our goal for ongoing geographical diversification,” said Yann Lissillour, CEO of the Safic-Alcan Group. “The core business of Proquimil is rubber, so it is quite fitting to start our activities in South America in a sector very much entrenched in our DNA.”
“I am delighted to welcome Proquimil's employees to the Group,” added Luiz Maranho, General Manager of Safic-Alcan Brazil. “I look forward to ensuring a smooth transition with the help of Mr.Oswaldo Ruffo and Mr.Oswaldo Ruffo filho.”
Safic-Alcan is a French independent distributor of specialty chemicals headquartered in Paris La Défense (France). The Company develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, adhesives, thermoplastics, polyurethane, lubricants, detergency, cosmetics, pharmaceuticals and nutraceuticals industries. With a network of 32 offices strategically located in EMEA, Asia and North America, the company covers 60 countries worldwide. Its highly specialized sales engineers allow Safic-Alcan to provide dedicated technical expertise and high-performance solutions thus creating long term partnership with most of its principals and customers. Safic-Alcan employs 697 people worldwide and generated a turnover of EUR 725M in 2021. The company is 80% owned by its employees.
Source(s): Safic-Alcan Press Release