July 20 2022, David R Brown
STOCKMEIER Group acquires majority stake in Italian distributor, Gamma Chimica S.p.A.
The STOCKMEIER Group has acquired a majority shareholding in Gamma Chimica S.p.A., one of the leading chemical distributors in Italy. For STOCKMEIER this represents another step in their continued expansion in Europe. The Group is already strongly represented in its home market in Germany, but also in Spain, France, Benelux, Austria, Switzerland, Portugal and Central Eastern Europe. The full acquisition by STOCKMEIER will be concluded in the medium term.
It is a significant step for us to now be represented in the Italian market with our own company
Peter Stockmeier
Shareholder and CEO of the STOCKMEIER Group
“It is a significant step for us to now be represented in the Italian market with our own company”, explained Peter Stockmeier, shareholder and CEO of the STOCKMEIER Group. “With this acquisition, we are further expanding our position as a chemical distributor in Europe. We look forward to working closely with the current shareholders Claudio Bombardieri and Giuseppe Mearini.”
Giuseppe Mearini, a shareholder and Managing Director of the company (a function he will continue to hold for the next few years), added, “The deal is part of a logical continuity with the past, respecting the values and the important heritage of relationships, both human and professional, that have characterised the history of Gamma Chimica since its foundation.”
Gamma Chimica, a company owned by Bombardieri family, Borghi family and Giuseppe Mearini, has been active in the Italian market for about forty years and plays a leading role in the distribution of chemical products used in the various industrial segments including pharmaceuticals, cosmetics and detergents. Today the company covers the whole of Italy and achieved a turnover of around EUR 275 million in 2021. The location of its different warehouses, both for solids and liquids, is one of the company's strengths, giving it a widespread presence in the market.
About STOCKMEIER
The STOCKMEIER Group stands for a reliable supply throughout Europe with chemical products. With this claim the company has developed us from a regional trading house to an international group with over 1,900 employees. Today, the STOCKMEIER Group comprises companies that offer distribution, production and services for all aspects of chemicals at over 50 locations worldwide. Despite diversification and strong growth, STOCKMEIER remains a value-oriented family business and firmly rooted in East Westphalia. In 2021 the STOCKMEIER Group reported revenues of around €1.59Bn.
Source(s): Stockmeier Press Rlease
Further Information
Visit: https://www.stockmeier.com