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Home  > Markets & companies  > Overlack acquires English distributor Lans...

Sunday, 15 September 2019
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Markets & companies

Overlack acquires English distributor Lansdowne Chemicals

Thursday, 19 November 2015

Following the takeover of the Klink Group at the beginning of November, chemicals distributor Overlack has now announced a further acquisition.

Overlack's headquarters in Mönchengladbach. In the building, the founder Heinrich and Lutz Overlack grew up. Source: Overlack

Overlack's headquarters in Mönchengladbach. In the building, the founder Heinrich and Lutz Overlack grew up. Source: Overlack

The English distributor, Lansdowne Chemicals, now belongs to the Mönchengladbach-based company's European network. 

New representation in Great Britain

Until now, Overlack has not had a representation in Great Britain. That has now changed with the acquisition of Lansdowne. Heinrich Eickmann, Co-Chairman of the Board of Overlack AG: "The takeover of Klink has strengthened our commodities business. With the Lansdowne acquisition, we are venturing onto the British market and gaining additional know-how and products for the specialities sector."

Turnover of EUR 75 million

Lansdowne generates a turnover of GBP 55 million, equivalent to EUR 75 million. It has two sites in Great Britain as well as a subsidiary in the Netherlands and a sales office in the USA. Lansdowne will continue to operate under its own name; all employees will be retained. The investment was supported by the private equity partnership between Overlack and Hannover Finanz that provides equity in the form of a convertible bon

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