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23. Feb 2021 | Markets & Companies

Krahn acquires companies from Jollis AB & Partners

The Krahn Chemie Group, which is part of the globally operating Otto Krahn Group, has acquired majority stakes in six companies from Jollis AB & Partners.

The Krahn CHemie headquarters in Hamburg.
Image source. Krahn Chemie.

Two of the companies concerned are AmphoChem AB, a leading Nordic distributor of industrial chemicals, additives and specialty chemicals, and Pemco Additives AB, another leading Nordic distributor active in the fuels, lubricants and petrochemical industries. Both are headquartered in Gothenburg and represent renowned international suppliers in Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia and Lithuania.

Krahn Chemie also invested in Temper Technology AB, Gothenburg, which produces sustainable and energy-efficient heat transfer fluids and antifreeze products, Pemco-Trigueros Additives Spain S.L., Alicante, which distributes additives and base oils for use in fuels and industrial and automotive formulations in Spain, and BGM Logistics AB, Gothenburg, a provider of logistics solutions for warehousing, third-party logistics and distribution in Sweden.

Newly established Krahn Nordics AB

In order to bundle the new activities, a new company, Krahn Nordics AB, has been established. Chatarina Schneider, co-owner of Krahn Nordics AB and former Managing Director of the acquired entities, will now act as Managing Director of Krahn Nordics AB. 

Krahn Chemie also acquired 100% of Petrico Ltd, an England-based entity whose previous indirect majority owner was Pemco Additives. The company has its headquarters in Sandbach, UK, and acts as a distributor of petroleum and chemical products specialized in the lubricants and additives industries.

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