BIELEFELD, Germany , Jan. 11, 2022 (Press Release) -We are pleased to announce that as of January 1, 2022 our Belgian subsidiary Innochem N.V. based in Meerhout, has taken over the business of the Dutch specialty distributor XS Chemicals B.V. based in Utrecht.
"With this acquisition, we are strategically expanding our portfolio for the polymerization chemicals, printing inks, adhesives, and paints and coatings industries. With Bas Gaillard and Hans Dieter Lütje, we also welcome 2 proven specialists in the product areas of acrylate monomers, crosslinkers, inhibitors and initiators to our ranks." comment the managing directors of Innochem N.V., Jan Smeets and Dirk Seidel, on the business acquisition.
The merger with XS Chemicals B.V. gives us access to new global supplier partners with whom we can reach all our European target markets. XS Chemicals is thus the next milestone on our way to becoming a specialty distributor.