DKSH has signed an agreement to acquire a majority stake in Right Base Chemicals, enhancing its position in the specialty chemicals market in China.

Target Information

DKSH has signed an agreement to acquire a majority stake in a joint venture with Right Base Chemicals (RBC), a leading Chinese distributor of specialty chemicals. Founded in 1992 and headquartered in Shanghai, RBC specializes in the distribution of additives, resins, and colorants for coating and ink applications. With a workforce of 60 employees, RBC operates across the Eastern, Central, and South-Western regions of China, generating net sales of approximately CHF 25 million with a strong profitability and capital return.

This acquisition aligns with DKSH's strategic objective to enhance its position in the specialty chemicals and ingredients market across the Asia-Pacific region, marking a significant step in DKSH's growth strategy in this rapidly expanding industry.

Industry Overview in China

The specialty chemicals industry in China has shown substantial growth over the last few decades, driven by increased demand across various sectors such as automotive, construction, and consumer goods