Zschimmer & Schwarz acquires the portfolio for the oil and gas industry from Surcell in Argentina
Strengthening of the Industrial Specialities Division and expansion of the market position in Latin America
Zschimmer & Schwarz, a global supplier of chemical specialities and auxiliaries, has acquired the portfolio of speciality chemicals for the oil and gas industry from Surcell S.A. in Argentina. The transaction became effective in January and marks a significant step in the company’s expansion strategy. It strengthens Zschimmer & Schwarz’s presence in Latin America and advances the growth of its strategic business sector Performance Chemicals.
Strategic expansion of market presence in Latin America and beyond
The acquisition of Surcell’s portfolio for the oil and gas industry is part of Zschimmer & Schwarz’s broader expansion strategy. The focus lies on strengthening its position in the Latin American markets while also laying the groundwork for further growth in the USA and potentially Europe. “This acquisition will enable us to expand our existing portfolio of chemical solutions for the oil and gas industry and thus further strengthen our position in the industrial specialities sector,” says Dr Christoph Riemer, Chief Executive Officer of the Zschimmer & Schwarz Group.
Portfolio enhancement and technology transfer
The transaction includes the transfer of Surcell’s entire portfolio for the oil and gas industry, along with all customer relationships. The portfolio of speciality chemicals will be integrated into Zschimmer & Schwarz’s Argentinian subsidiary, Zschimmer & Schwarz Argentina S.A. “Our production facilities at the Mercedes site ensure efficient manufacturing of chemical products and support our long-term growth strategy,” adds Carlos Engelhardt, Managing Director Latin America. “With strong customer relationships, tailored solutions and extensive application expertise, this acquisition creates valuable synergies for Zschimmer & Schwarz.”
Global presence with customised solutions
With this acquisition, Zschimmer & Schwarz consistently pursues its global growth strategy. The group operates 27 companies in 16 countries and maintains 22 production sites worldwide. “Our goal is to be globally connected and locally present,” emphasises Dr Christoph Riemer, “true to our motto: chemistry tailor-made, the Surcell business is an excellent strategic fit for Zschimmer & Schwarz’s portfolio and growth strategy. It offers customised chemical solutions for new and existing customers of our Industrial Specialities Division – in Latin America and beyond.”
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Global Head of Corporate Communications
Zschimmer & Schwarz
Global Corporate Communications
Max-Schwarz-Strasse 3–5
56112 Lahnstein | DE
T +49 2621 12-201
corpcom@zschimmer-schwarz.com
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