March 24 2026, David R Brown
Manuchar reaches agreement to acquire CJP Chemicals in South Africa
Manuchar, a leading distributor of chemicals in high-growth markets has reached an agreement to acquire CJP Chemicals, one of South Africa's most established chemical distributors. This strategic acquisition marks an important step in Manuchar's ambition to strengthen its footprint in South Africa and expand its global chemical distribution platform across high-growth regions.
This acquisition marks a significant milestone in our strategy to strengthen our chemical distribution platform across key high-growth markets
Laurent Pasqualini
CEO of the Manuchar Group
Founded in 1986, CJP Chemicals is a well-recognized distributor with a strong heritage in the South African market. The company offers a broad range of industrial and specialty chemicals, serving key sectors such as food & beverages, lubricants & energy, industrial manufacturing, personal care and pharmaceuticals. With operations in all major industrial hubs including Johannesburg, Durban, Cape Town, and Gqeberha, CJP Chemicals employs around 170 people and generates in excess of USD 100 million in revenues each year.
The acquisition of CJP Chemicals aligns with Manuchar's long-term growth strategy to broaden its product portfolio, deepen its regional coverage, and reinforce its leadership in serving customers across high-growth markets. Manuchar has been active in South Africa since 2003 and today covers the entire country with offices in Durban, Johannesburg, and Cape Town, employing around 100 people locally.
Laurent Pasqualini, CEO Manuchar Group: “This acquisition marks a significant milestone in our strategy to strengthen our chemical distribution platform across key high-growth markets. By combining CJP Chemicals' strong legacy in South Africa with Manuchar's global reach, we will offer a truly comprehensive product portfolio - from core commodities to high value specialty chemicals.”
Greg Hirschowitz, CEO ChemFin: “As the majority shareholder in CJP Chemicals, ChemFin is delighted to have found a global strategic owner for CJP Chemicals. This transaction will be beneficial to both Manuchar and CJP and I have no doubt the combined business will bring several additional opportunities to enhance the offering and service to their customers in the South African market.”
The closing of the agreement between the shareholders of Manuchar and CJP Chemicals is expected in Q3 2026, subject to antitrust approval.
About Manuchar
From its headquarters in Antwerp, Manuchar operates a chemical distribution network encompassing North & Latin America, Africa, Europe, the Middle East, and Asia. The company employs 3,000 people worldwide, handles over 4.6 million metric tons of goods, and generates approximately USD 2.6 billion in sales with operations in over 40 countries and 180 locations.
Source(s): Manuchar Press Release
Further Information
Visit: https://www.manuchar.com