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DKSH Acquires Andreas Jennow

Andreas Jennow is a specialty chemicals distributor in Northern Europe.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

With the acquisition of Andreas Jennow, DKSH Business Unit Performance Materials complements its geographic coverage in Europe.
 
Founded in 1916 and with net sales of around CHF 30 million and sound profitability in 2014, Andreas Jennow is a leading specialty chemicals distributor and major supplier of raw materials in Northern Europe and in the Baltics.
 
“With this transaction, we create an ideal succession solution and a solid foundation for the future development of our almost 100-year-old company,” said Peter From, managing director of Andreas Jennow.
 
Andreas Jennow’s management team stays with DKSH, will lead the operations in the Nordics and in the Baltics and strengthens the Business Unit organization further.
 
“The acquisition is an important milestone in complementing our position as a leading market expansion services provider with pan-regional coverage not only in Asia but also in Europe,” added Thomas Sul, co-head Business Unit Performance Materials at DKSH.

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