July 4 2022, David R Brown
UK-headquartered 2M Holdings Ltd acquires Italian life sciences distributor, Bregaglio S.r.l.
2M Holdings Ltd ("2M") has announced an agreement with Zschimmer & Schwarz Group to acquire 100% of Bregaglio S.r.l. (Italy). Bregaglio is an established distributor to the personal care industry in Italy and more recently to the nutraceutical and food supplments segments in the region. Bregaglio's strong brand name and technical expertise is seen as a natural fit with the life science distribution of the Surfachem Group, a 2M Group Company.
We have full alignment with the culture and values of Bregaglio and its current parent company, Zschimmer & Schwarz, with whom we will retain a close commercial relationshipMottie Kessler OBE
Chairman and CEO of 2M
Bregaglio represents leading producers to the personal care sector in Italy and in other European countries. Besides Zschimmer & Schwarz key suppliers include Symrise, Salvona, Agrimerand PQ Corporation. 2M plans to support Bregaglio's further growth through innovation for the benefit of its customers and suppliers.
“We have full alignment with the culture and values of Bregaglio and its current parent company, Zschimmer & Schwarz, with whom we will retain a close commercial relationship” said Mottie Kessler OBE, Chairman and CEO of 2M.
The addition of Bregaglio to the 2M Group of Companies enables 2M to offer a pan European service to its life science customers and suppliers.
About 2M Group
The 2M Group of Companies supply added value chemistry based products and applications know-how to the life science and material science sectors. 2M works in partnership with the world’s leading chemical and natural ingredients companies. Headquartered in the UK, and with sites and a presence in Benelux, Brazil, China, France, Germany, Ireland, Poland, South Africa and the Nordic region, the 2M Group of Companies exports to over 90 countries. The Group includes Banner Chemicals, Surfachem, Ingretech, CE-O2, 2M Manufacturing, MP Storage & Blending, 2M Water Treatment, SampleRite & Stowlin.
Source(s): 2M Holding Press Release