Dasico acquisition gives DKSH Scandinavian presence
Zurich-based market expansion services provider DKSH has acquired Dasico A/S, the Danish distributor of speciality chemicals to Scandinavian countries, in a move that will strengthen its performance materials business unit in northern Europe.
Zurich-based market expansion services provider DKSH has acquired Dasico A/S, the Danish distributor of speciality chemicals to Scandinavian countries, in a move that will strengthen its performance materials business unit in northern Europe.
Dasico A/S holds a 50% share in Agrofert-Norden A/S, a joint venture with Agrofert Holding, a Czech supplier to the chemical, agricultural and food industries. Dasico and Agrofert-Norden have been supplying Denmark, Finland, Iceland, Norway and Sweden for decades and the acquisition will increase DKSH’s client base by 150 customers across several sectors.
Eric Baden, executive vp, business unit performance materials, DKSH, says: “I am excited by the fact that from Reykjavik Istanbul and from Malaga to Trondheim, customers in western Europe now have full and seamless access to our industry applications expertise, our highly responsive service and a tailor-made product range that we are sourcing on their behalf from over 70 markets spread across all continents.
While DKSH is based in Switzerland, it is deeply rooted in Asia Pacific where it has a 140-year history of doing business. It currently has 455 business locations across 35 countries and in 2008 generated annual gross revenues of CHF8800m.