Quimitecnica acquires 100 % of Cofarcas, S.A. for 4.8 EUR M
Quimitenica.com is one of the most important chemical industry players in Portugal. Its core business is the distribution of chemicals, but it has been expanding its scope of activities to water treatment, specialty chemicals, logistics and engineering.
Nowadays, the company has 4 logistics units in Portugal and activity in Spain, Morocco, Algeria, Egypt, Angola and Mozambique.
As part of a strategy to become a stronger and Iberian player, Quimitecnica.com decided to grow through an acquisition in Spain
Clearwater International has advised Quimitecnica.com’s board in the identification and acquisition of Cofarcas, a Spanish chemical distribution company located in Burgos, Spain.