Zschimmer & Schwarz acquires all shares of PT Smaltochimica Asia
With the acquisition of the Indonesian company, Zschimmer & Schwarz expands its global presence and enhances its portfolio of ceramic auxiliaries.
In line with a clearly defined growth strategy, the specialty chemicals manufacturer Zschimmer & Schwarz with headquarters in Lahnstein, Germany, has acquired all shares of the Indonesian company PT Smaltochimica Asia. The transaction was completed on 1 January 2019, expanding Zschimmer & Schwarz’s worldwide network as well as the company’s ceramic auxiliaries portfolio.
New name, proven products In the future, the company will operate under the name “PT Zschimmer and Schwarz Asian”. Customers in Southeast Asia will profit from the well-established product ranges of Smaltochimica Asia, NEOS Additivos and Zschimmer & Schwarz, allowing them to fully rely on tailor-made solutions for ceramics.
Chemistry tailor-made worldwide “We are pleased to further strengthen our position in Asia, especially in Indonesia, the country with the fourth-largest population in the world, and to exploit new potentials in this area”, says Dr Martin Haberl, General Manager of Zschimmer & Schwarz. “Thanks to the central position of PT Zschimmer and Schwarz Asian between important target markets, the entire Group of Companies will benefit from this acquisition”. Zschimmer & Schwarz now unites 29 companies in 16 countries worldwide, 21 of them with production facilities and three more with a joint venture, all of which jointly offer our customers “Chemistry tailor-made”.
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