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27. Jan 2021 | Markets & Companies

New strategic partnership between OQEMA and CB Chemie

OQEMA has acquired a majority stake in Austria-based CB Chemie, which was founded in 2016 by Dr. Christian Braunshier.
Synergies are expected in Germany, Switzerland and Austria.
Image source: Clker-Free-Vector-Images - Pixabay (symbol image).

Dr. Christian Braunshier, who has 13 years of experience in the distribution of chemicals, founded the company with a focus on applications in the construction and paints & coatings sectors, while the subsidiary CB Nutrition GmbH specialises in natural ingredients for the food industry.

According to the company, this product range is a perfect fit with OQEMA and will promote synergies in the food and life science sectors, particularly in Germany, Switzerland and Austria. Dr. Christian Braunshier, CEO of CB Chemie GmbH, will continue to lead the company as shareholder and managing partner. "I am very pleased to be part of the international network of OQEMA. This gives us a very solid product portfolio and we will continue our growth path in the coming years," he emphasises.

"Start-up company with high growth ambitions"

Hartmut Kunz, CFO of OQEMA AG, is proud of this transaction and the Austrian addition to the group: "CB Chemie GmbH is a start-up company with high growth ambitions and an excellent growth record over the last years. We are looking forward to not only integrating the product portfolio into the OQEMA Group, but also to benefit from the company's entrepreneurial spirit and start-up mentality. The company is driven by a great spirit: a strong team with a lot of experience in international chemical distribution is driving this company forward - which fits very well with the OQEMA Group.

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