DKSH Performance Materials Acquires Specialty Chemical Distributor
DKSH announced its acquisition of Terra Firma, a distributor of specialty chemicals in North America. Terra Firma represents premier suppliers in its core segments of CASE (coatings, adhesives, sealants, and elastomers), plastics, and construction, as well as in agrochemicals, health and nutrition, and personal care. The Terra Firma business is complementary to DKSH, particularly DKSH’s existing CASE business globally.
DKSH believes in the industrial specialty chemicals sector as a key growth market and plans to continue investing in this industry to provide even better service and growth across all regions. Terra Firma will take the lead in DKSH’s North American organization. Maintaining the high service level for partners and customers will be its joint prime objective. DKSH will acquire at least 80% of Terra Firma with the remainder held by the company’s existing management team.