Kolb acquired by Kuala Lumpur Kepong Berhad (KLK)
The acquisition of the Swiss company Dr. W. Kolb Holding AG by the multinational Malaysian enterprise Kuala Lumpur Kepong Berhad (KLK) was completed today.
KLK will continue running and expanding the two Kolb business locations in Hedingen (CH)
and Moerdijk (NL) and Kolb’s 230 employees, including the management will retain their independence. It is reported that this approach will allow Kolb to strengthen its position as a leading European manufacturer and distributor of non-ionic surfactants KLK will provide additional raw materials (especially fatty acids based on palm oil) and Kolb its alkoxylation expertise. In terms of market coverage, KLK gains additional bases in Europe and the US while Kolb is given full access to the difficult yet
indispensable Asian market.
The largely family-owned, Kuala Lumpur Kepong Berhad (KLK) has about 23,000 employees, some 173,000 hectares of land in Malaysia and Indonesia, and CHF 1.2 bio turnover (see www.klk.com.my)
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