March 10 2021, David R Brown
Chemical distributor OQEMA expands its network with acquisition of Proquibasa
The OQEMA Group has taken over the Spanish chemical distributor, Proquibasa S.A. extending the Group's reach to the Iberian peninsula and North Africa. The company, which focuses on the CASE; HI&I, textiles, water treatment and life science sctors, has been active in the Spanish distribution market for over 40 years.
OQEMA is the best possible partner for us to marry our local roots and spirit with the benefits of an international distribution companyIvan Sanchez
Managing Director of Proquibasa S.A.
Founded in 1966, Proquibasa is one of the leaders in the distribution of chemicals in Spain. The company has two main warehouses located in Barcelona and Madrid plus a network of warehouse locations across Spain and Portugal. Proquibasa's range of commodity and semi-speciality products and their value-added services fit perfectly with OQEMA's "full-line" distribution offering.
Ivan Sanchez, who has successfully managed Proquibasa with a team of over 60 people since 2016, and who will be leading the company in the future, said: “Our roots are medium-sized and family-run. OQEMA is therefore the best possible partner for us to marry our local roots and spirit with the benefits of an international distribution company.”
Peter Overlack, CEO of OQEMA AG, is looking forward to expanding and developing the business on the Iberian peninsula, a geographical gap that the distributor had not been able to close in the past. Peter Overlack is happy that the acquisition of this mid-sized family-owned company with a strong cultural resemblance to that of OQEMA was possible – and he is optimistic that many fruitful years lie ahead for the company.
About OQEMA Group
The OQEMA Germany, formerly Overlack, is one of the leading chemical distributors in Germany. Almost over 1,200 employees currently work for OQEMA Group at 45 locations in 21 countries serving some 18,000 customers. Working at the interface between chemicals manufacturers and chemical-processing industries OQEMA provides a range of services along the supply chains including: procurement, product development and customised mixing to logistics and recycling. The Group operates in various business areas such as life science, technical and environment applications and has specific expertise in the technical and regulatory support of its customers. In 2019 the OQEMA Group reported revenues of around EUR 900M.
Source(s): OQEMA Press Release