HAMBURG, GERMANY -- (Marketwire) -- 01/11/12 -- CREMER, the Hamburg-based company, is going to take over the Witten manufacturing facilities from their previous owner, Sasol Germany, after approval from the German Competition Authorities. CREMER has been actively involved in the production and sale of oleochemical products for many years.
For CREMER, the new contemplated acquisition is an ideal addition to the company's existing product portfolio in the pharmaceutical, cosmetics and food segments and the technical applications sector. The customer-relevant increase in competencies through the addition of more than 250 specialised products leads to a sustainable consolidation of the company's position in a growing market.
The workforce of around 100 employees at the Witten facilities will be taken over by CREMER. Managing partner Stefan Cremer sees this step forward as a 'meaningful and logical continuation of our international market presence in the oleochemical speciality-product segment'.
The completion of the transaction is subject to the approval of the German Competition Authorities. Both parties have agreed not to disclose the terms of the contract.
About CREMER: The company founded by Peter Cremer in 1946 is still family-owned and managed. Stefan Cremer now leads the company as its second-generation managing partner, together with Dr Ullrich Wegner. Today, CREMER incorporates numerous companies throughout the world. The company's international trading, processing, supply and shipping network is coordinated from the head office in Hamburg.
CREMER has been actively involved in the production and distribution of basic oleochemical products since the 1970s. The combination of a global presence in over 30 countries, many years of expertise and experience in demand-oriented procurement of raw materials, and worldwide logistics makes CREMER OLEO a dependable and powerful partner for this industry segment on every continent. Sustainable research and the development and production of innovative products from natural, plant-based resources at the company facilities in Wittenberge and Rodleben build the foundation for the production of valuable raw products for our customers in the cosmetics, pharmaceutical, food and home care segments. Distilled fatty acids, fatty alcohols, glycerine, esters, soap noodles and active ingredients for care products round off this strong and diverse palette of green products.
Information:
Odile Grahl
Cremer Oleo GmbH & Co. KG
GlockengieBerwall 3, 20095
Hamburg, Germany
Telephone: +49 (0) 40/ 3 20 11-0
Fax: +49 (0) 40/ 3 20 11-400
E-Mail: welcome@cremer.de
Internet: http://www.cremer-care.de
http://www.cremeroleo.de