DKSH has acquired Andreas Jennow, a leading specialty chemicals distributor in Northern Europe, to strengthen its market position and expand its service offerings across Europe.

Information on the Target

Andreas Jennow, founded in 1916, is a leading distributor of specialty chemicals and raw materials in Northern Europe and the Baltics. The company achieved net sales of approximately CHF 30 million in 2014 with strong profitability. Its operations span across several countries including Denmark, Sweden, Finland, Norway, Iceland, Estonia, Latvia, and Lithuania. Andreas Jennow specializes in providing a comprehensive range of products for the specialty chemicals and personal care industries, positioning itself as a key supplier in this sector.

Industry Overview in Northern Europe

The specialty chemicals industry in Northern Europe has experienced significant growth, fueled by increasing demand in various sectors including personal care, pharmaceuticals, and food. This growth has been supported by a shift towards more sustainable and innovative chemical solutions, as well as advancements in technology. Furthermore, the region boasts a robust regulatory framework which fosters business stability and encourages investment in the sector.

In recent years, Northern Europe has seen a surge in the adoption of specialty chemicals driven by consumer trends favoring organic and eco-friendly products. This shift is pushing companies to refine their product offering