News Article 2014

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April 9 2014, David R Brown

Krahn Chemie enters the Italian distribution market with the acquisition of Pietro Carni

Krahn Chemie GmbH has acquired a majority share in Pietro Carini S.p.A., a speciality chemical distributor headquartered in Milan. Founded in 1868, Pietro Carini is a well-established player in the Italian market and supplies speciality chemicals to the plastics, rubber, adhesives, sealants, inks, and coatings industries.

Pietro Carini provides us with a strong regional footprint and a solid basis for further growth in the highly attractive Italian market

Axel Sebbesse
Managing Director, Krahn Chemie

“The acquisition of Pietro Carini is a high strategic fit,” Axel Sebbesse, Managing Director of Krahn Chemie, comments. “Pietro Carini provides us with a strong regional footprint and with a solid basis for further growth in the highly attractive Italian market. The long-term relationships to strategic suppliers and the in-depth local industry expertise of the team of Pietro Carini will also strengthen our existing core business segments in Europe.”

Enrico Bozzi, Managing Director and co-shareholder of Pietro Carini, states, “Being part of the Krahn Chemie Group will ensure stability and sustainable growth for Pietro Carini in Italy – to the benefit of our customers and supplying partners.”

The acquisition of Pietro Carini follows the takeover of ICH Benelux and forms part of Krahn Chemie's regional growth strategy within Europe which began in 2009. The new Management Board of Pietro Carini S.p.A comprises Axel Sebbesse, Emanuela Bozzi and Enrico Bozzi (CEO).

About Krahn Chemie
German headquartered, Krahn Chemie forms part of the Otto Krahn Group which has a history going back over 100 years 100-years. The company specializes in the sales, distribution, and marketing of chemical raw materials and speciality chemicals. In 2013, Krahn Chemie achieved revenues of around 150 million euros and has 140 employees with subsidiaries in Benelux and Poland. The company supplies products to 5,000 customers and is active in a number of different markets including paint and coatings, construction chemicals, adhesives and sealants, technical ceramics, plastics, rubber and lubricants.

About Pietro Carini
Pietro Carini is a speciality chemical distributor which is based in Milan, Italy and was founded in 1868. It has 27 employees and 1,100 active customers. Pietro Carini covers the market segments plastics, rubber, adhesives, sealants, inks and coatings. It also supplies heat transfer fluids and chemical intermediates.

Source(s): Krahn Chemie Press Release

Further Information

Visit: http://www.krahn.de