Mergers & Acquisitions BRCS Acquires Chemres of Austria
BRCS, an alliance of chemical materials providers Barentz and Ravago today announced the acquisition of Austrian Chemres, a distributor of chemicals in Austria.
Vienna/Austria – ”The acquisition of Chemres is of strategic importance to BRCS, because it gives us direct access to customers in Austria. We were looking for a business partner with excellent knowledge of the Austrian market, who could help us and our principals grow in Austria and have found this partner in Chemres and its CEO Robert Ornik. With his 25 years of experience, Robert Ornik has built Chemres into a solid business. Based in Werndorf, Chemres is strategically located on the border of Austria and Slovenia, making it an ideal hub into also the former Yugoslavian countries,” states Hidde van der Wal, CEO of the BRCS Group.
Now the company plans to expand its new position in Austria by expanding on the industrial chemicals market. Especially coatings and inks, but also construction chemicals or detergents and cleaners are regarded as promising growth markets. Robert Ornik, CEO of Chemres:”Being part of BRCS enables us to bring a very comprehensive product range to our customers in Austria. It’s a great honour for Chemres to be part of a leading chemical distribution company in EMEA, because it also enables us to use the vast technical knowledge and infrastructure of the BRCS group to strengthen our relationships with our customers. Together we can offer the right products at competitive prices to our customers in Austria.