Paris-La Defense, January 3, 2018
Safic-Alcan UK, a major distributor of specialty chemicals and subsidiary of the Safic-Alcan Group, announces that it has acquired 100% of Techform Fine Chemicals Limited, a chemical distributor specializing in the construction sector in United Kingdom and Ireland.
Techform is a specialty chemicals distributor with a focus upon the UK and Ireland market. “The acquisition of Techform will enable us to strengthen our footprint in the construction sector and widen our Group expertise in this field,” stated Yann Lissillour, Director of Mergers and Acquisitions for Safic-Alcan.
Techform produces and distributes a wide range of polymers, thickeners, accelerators, retarders, shrinkage compensators, defoamers, air entrainers, plasticizers, binders, as well as a specialty additives portofolio grouped under its private label name.
“This fits well and will ensure future growth” added Mike Strong, Director of Techform Fine Chemicals Limited. “I will also continue in a consultancy role to support customers and suppliers during the transition.”
“As part of our overall C.A.S.E. strategy, we see this acquisition as a stepping stone in the UK market and we look forward to further building on this additional expertise within Safic-Alcan,” concluded Philippe Combette, CEO of Safic-Alcan.
Safic-Alcan is a French independent distributor of specialty chemicals headquartered in Paris-La Défense (France). The Company develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, pharmaceuticals and cosmetics industries. The Group is present in all major countries of the European Union, as well as in Turkey, China with on-going strategic development in Eastern European countries, the USA and Mexico. The Company employs 517 people worldwide and generated a turnover of 508 M€ in 2016.
About Safic-Alcan UK
Safic-Alcan UK Limited is a distribution specialist with an extensive range of chemicals and additives for the rubber, plastics, adhesives and coatings industries. As part of the Safic Alcan Group, Safic Alcan UK Limited is also a key supplier to the personal care and pharmaceutical sectors. The company also has its own production facility located in the UK, which specializes in products for the rubber industry, notably cure blends and dry liquids.
Techform Fine Chemicals Limited was founded in 2003 with the registered office located in Staffordshire. Techform Fine Chemicals Limited has been running for 14 Years 8 Months. The company distributes chemical products in the UK, Ireland and European countries, focusing mainly on the drymix sector of the construction industry.
Download original press announcement here Techform Fine Chemicals_EN Press Release JAN 3rd 2018
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