January 16 2024, David R Brown
Nordmann strengthens its presence in the Italian personal care market with the acquisition of SD Chemicals
Nordmann, an international leader in the distribution of specialty chemicals and raw materials, have acquired SD Chemicals S.r.l. based in Seregno (MB), Italy. This strategic move reflects Nordmann's commitment to sustainable growth, diversification and creating more value for its customers and partners.
This strategic move is in line with our growth strategy and underlines our commitment to expand our presence in the market
Dr Gerd Bergmann
Chairman of the Managing Board of Nordmann
Founded in 2010, SD Chemicals S.r.l. is focused on the distribution of raw materials for the cosmetics industry, in particular for hair care, skin care and make-up applications. With current sales of approximately EUR 20 million, SD Chemicals brings valuable capabilities and regional expertise to Nordmann. As part of the acquisition, all employees of SD Chemicals will be integrated into the Nordmann team.
Dr Gerd Bergmann, Chairman of the Managing Board of Nordmann, expressed his enthusiasm for the acquisition: “We are delighted to welcome SD Chemicals to the Nordmann Group. This strategic move is in line with our growth strategy and underlines our commitment to expand our presence in the market. The addition of SD Chemicals' expertise and product portfolio will further strengthen Nordmann's ability to meet the evolving needs of our customers.”
Commenting on the acquisition, Dr Raffaele Cece, Managing Director, and Founder of SD Chemicals, said: “Joining forces with Nordmann is an exciting chapter for SD Chemicals. We believe that the shared values and commitment to excellence make this collaboration a win-win for all stakeholders. The opportunity to contribute to Nordmann's growth strategy while maintaining our focus on serving the Italian market is a significant milestone for SD Chemicals.”
The acquisition of SD Chemicals is in line with Nordmann's V.I.P.S. strategy, which emphasizes visibility, internationality, profitability, and sustainability.
About Nordmann
Nordmann is an internationally successful chemical distribution group, with 520 employees and a turnover of around EUR 620 million. Through our 24 subsidiary companies in Europe, Asia and North America, we distribute natural and chemical raw materials, additives and speciality chemicals. Founded in 1912, we remain an independent, family-run business. Nordmann is part of Georg Nordmann Holding AG.
Source(s): Nordmann Press Release
Further Information
Visit: https://www.nordmann.global