The KRAHN CHEMIE Group Acquires Memolex SAS
Memolex, a distributor of plastic additives in the French market, has been acquired by the KRAHN CHEMIE group. The former Memolex team has been transferred to KRAHN France so that a smooth continuation and the ongoing development of the business is ensured, the companies stated. The KRAHN France team will operate from the former Memolex site, located in Milly-la-Forêt close to Paris.
“This strategically important acquisition gives us as KRAHN Group now the opportunity to expand in the French market,” said Axel Sebbesse, managing director of the KRAHN CHEMIE Group. “Based on the successful business the Memolex team has established over the last years, we are proud of getting the chance to further developing these activities.”
“The new affiliation with the KRAHN Group provides us with a strong and solid basis for our future business development,” said Franck Louichon, founder of the PVC Additives business at Memolex. “I am delighted to be now part of a group, which also strongly believes that a deep industry and market knowledge is the key to create value for both sides – our customers and suppliers.”