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Home  > Markets & companies  > Raw materials market  > Krahn Chemie enters Italy through the acqu...

Wednesday, 18 September 2019
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Markets & companies, Raw materials market

Krahn Chemie enters Italy through the acquisition of Pietro Carini

Thursday, 10 April 2014

Italy is the third largest chemical distribution market in Europe and still very fragmented. It is therefore an ideal target market for Krahn Chemie.

The new Management Board of Pietro Carini S.p.A.: Axel Sebbesse (left), Emanuela Bozzi and Enrico Bozzi (CEO). Source: Krahn Chemie GmbH

The new Management Board of Pietro Carini S.p.A.: Axel Sebbesse (left), Emanuela Bozzi and Enrico Bozzi (CEO). Source: Krahn Chemie GmbH

Krahn Chemie GmbH has acquired a majority share in Pietro Carini S.p.A., a speciality chemical distributor headquartered in Milan. Founded in 1868, Pietro Carini is a well-established player in the Italian market in which it represents some first-class chemical producers. Pietro Carini has 27 employees and supplies speciality chemicals to the plastics, rubber, adhesives, sealants, inks, and coatings industries. Pietro Carini was the first Italian chemical distributor which was ESAD II certified.

With the acquisition of Pietro Carini only one year after the takeover of ICH Benelux Krahn Chemie consistently follows its regional growth strategy within Europe started in 2009. Italy is the third largest chemical distribution market in Europe and still very fragmented.

Strengthening existing core business segments in Europe

"The acquisition of Pietro Carini is a high strategic fit,” Axel Sebbesse, Managing Director of Krahn Chemie, comments. "Pietro Carini provides us with a strong regional footprint and with a solid basis for further growth in the highly attractive Italian market. The long-term relationships to strategic suppliers and the in-depth local industry expertise of the team of Pietro Carini will also strengthen our existing core business segments in Europe.”

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