Biesterfeld Spezialchemie has taken ownership of Hamburg-based company, Schütz & Co. (GmbH & Co. KG). The newly acquired business focuses on the distribution of customised active pharmaceutical ingredients (API) and excipients. Founded in 1892, Schütz & Co. has numerous long-standing partnerships with well-known manufacturers and supplies leading pharmaceutical and cosmetic companies in more than 50 countries.
“With Biesterfeld, we are delighted to have found a buyer and partner that will expand and reinforce our successful business model in the long-term,” say Rudolf Tiemann and Dr. Reinhold Alt, the long-serving managers and owners of Schütz & Co. “In the future, we will remain on as advisors to Schütz & Co. to ensure its seamless transition and integration into the Biesterfeld Group.”
| Industry: | Life Science |
| Assignment: | Sellside |
