Innochem acquires the business of XS Chemicals

The company Innochem, which belongs to the Stockmeier Group and is based in Meerhout (Belgium), has taken over the business of the Dutch speciality trader XS Chemicals, based in Utrecht, with effect from 1 January 2022.

The former MTI team at the Detmold site is supposed to continue MTI's future business under new management. Image source: Quelle geralt -  Pixabay (symbol image).

“With this acquisition, we are strategically expanding our portfolio for the polymerisation chemicals, printing inks, adhesives, and paints and coatings industries. With Bas Gaillard and Hans Dieter Lütje, we also welcome two proven specialists in the product areas of acrylate monomers, crosslinkers, inhibitors and initiators to our ranks.” comment the managing directors of Innochem N.V., Jan Smeets and Dirk Seidel, on the business acquisition.

New global supplier partners

The merger with XS Chemicals gives the Stockmeier Group access to new global supplier partners. Thus, XS Chemicals is to be the next building block on the group’s way to becoming a speciality distributor.

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