Bodo Möller Chemie has had plenty of success in Asia lately so it comes as no surprise that the region features highly in its expansion planning
Bodo Möller Chemie has established a subsidiary in Japan, Bodo Moeller Chemie Japan KK, with an office in Tokyo and warehouse in Nagoya. The new unit will, the company says, allow it to efficiently serve customers throughout Japan, tapping into the country’s robust manufacturing capabilities, particularly in sectors such as automotive, batteries for electric vehicles, electronics manufacturing, and aerospace.
Frank Haug, CEO of Bodo Möller Chemie Group, says: “I am delighted to make this significant investment in Japan, a market that represents multiple lucrative opportunities for Bodo Möller Chemie. Our projected growth in Japan will dovetail with the consistent double-digit increase in revenues we have achieved every year in Asia since 2015. This expansion is a crucial step in broadening our geographical footprint and offering customers worldwide an exceptional range of products and decades of expertise.”
Julain Bashore has been appointed as managing director of the Japanese subsidiary. He says: “ I will leverage Bodo Möller Chemie’s vast product portfolio with my experience in building businesses to win new customers in this opportunity-rich country. In addition to my plans for achieving sustainable organic growth, I also see acquisitions as a complementary approach to expanding our presence more swiftly in the Japanese market.”
INDIA AND CHINA
Bodo Möller has also launched a new Life Sciences business covering India and the Middle East, adding a further major business line alongside its established Formulated Systems and Industrial Raw Materials divisions. The new unit will offer a comprehensive portfolio of raw materials and ingredients for the human nutrition, pharmaceuticals, personal care, home care, and industrial and institutional care sectors.
“With the launch of our Life Sciences business in the IMEA region, we are ready to meet the growing demand for high-quality raw materials and chemicals,” says Frank Haug. “This initiative represents a new strategic dimension for our company, allowing us to diversify and strengthen our position in the Middle East market.”
“As a complexity reducer and solutions provider, we are committed to offering a diversified product portfolio, qualified technical support, and superior logistics services,” Haug adds. “Our entry into the life sciences market in the IMEA region is a significant milestone that is in line with our long-term vision and strategic goals.”
Meanwhile in China, the company is in exclusive discussions regarding the potential acquisition of the distribution activities of Rocktin, which is a specialist in adhesives. The acquisition would enable Bodo Möller to integrate most of Rocktin’s distribution operations, offering an exceptional opportunity to extend its product portfolio and deepen partnerships with key principals in Asia.
“This collaboration will harness the complementary strengths of both companies, positioning Bodo Möller Chemie as a premier distributor of adhesives and specialty chemicals in the region,” the company states. “Additionally, Rocktin customers would gain access to a global network and enhanced technical support through Bodo Möller Chemie’s newly inaugurated laboratory facilities in Shanghai, providing state-of-the-art testing and formulation services.”
Frank Haug adds: “This acquisition aligns perfectly with our growth strategy, allowing us to reinforce our presence in Asia and enhance the support we provide to both our partners and customers. We are constantly exploring strategic opportunities worldwide to position ourselves as the leading distributor in specialty chemicals. The integration with Rocktin will be a pivotal step in strengthening our market position in APAC, and we are thrilled to bring together the expertise and innovation of both companies.”
source: https://hcblive.com/
