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DKSH Aquires Tiger Chemicals
Posted: September 13, 2011
DKSH has acquired specialty chemicals distributor Tiger Chemical Company to expand its market presence in Australia and gain market access to New Zealand. Tiger Chemicals will be integrated into DKSH's performance materials business unit.
The acquisition of Tiger Chemical Company strengthens DKSH’s footprint in Australia enabling further growth thanks to an expanded customer base. Moreover, it enables the company, headquarted in Switzerland, to extend its activities to New Zealand through established sales channels, offering an even better market coverage in Asia Pacific to its existing and new clients. According to DKSH, the acquisition, gains access to several hundred customers and a sales team with more than 30 years of experience in specialty chemicals distribution.
The owner of Tiger Chemical Company, Rex Gordon, will continue to be actively involved in the business within DKSH Australia to ensure a smooth transfer of the business relationships.
To enable and manage the strategic expansion and growth of the business in this part of the region, the current management team has been enhanced. Michael Joyce has been appointed as head of business unit performance materials for Australia and New Zealand. He brings more than 25 years of experience in the specialty chemicals industry to the team. Before joining DKSH, he worked over 20 years for BASF in Australia and Singapore. In his latest position, he was managing director of BASF Coatings Pty. Ltd, where he was in charge of both the Australian and New Zealand markets.