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New strategic partnership between OQEMA Group and CB Chemie, Austria

Mönchengladbach, Germany – 22. January 2021 – The OQEMA Group now has a majority share in Austria-based CB Chemie GmbH, which was founded in 2016 by Dr Christian Braunshier. The company has achieved excellent business development in recent years by constantly expanding its customer base and product portfolio.

With over 13 years of experience in the chemical distribution industry, Dr Christian Braunshier founded the company with a focus on specialities in the construction, paints and coatings industry, with the subsidiary CB Nutrition GmbH specialising in natural ingredients for the food industry. This product scope is the perfect complement to OQEMA and will drive synergies in food and life sciences, especially in Germany, Switzerland and Austria.

Dr Christian Braunshier, CEO of CB Chemie GmbH, who has successfully managed CB Chemie GmbH for the last four years, will continue to lead the company as a shareholder and managing partner in the future. He said: ‘I am very excited to be part of OQEMA’s international network. This will provide us with a very strong product range and will help leverage our growth path over the next few years.’

Hartmut Kunz, CFO of OQEMA AG, is proud of this transaction and of the Austrian addition to the group: ‘CB Chemie GmbH is a start-up with high ambitions for growth and an excellent track record for growth over the last three years. We are looking forward to not only integrating the product portfolio into the OQEMA Group, but also to benefitting from the entrepreneurial spirit and start-up mentality of the company. It is a great spirit that moved this company forward: there is a strong team with a broad range of experience in international chemical distribution pushing this company forward – this suits the OQEMA Group perfectly.’