Bodo Möller Chemie China acquires assets of Caraba
Bodo Möller Chemie Group with its China-based subsidiary signed an agreement with Shanghai Caraba Industrial & Trading Development Co., Ltd., to purchase assets including the distribution for the Dow Automotive products Thixon and Megum. The agreement includes business information, business record, and inventory of Caraba. As part of the agreement, Caraba provides Bodo Möller Chemie guidance and assistance in maintaining customer fidelity and relationships in relation with the acquisition of the relevant assets.
China is Leader in Automotive Manufacturing
With this acquisition, Bodo Möller Chemie China keeps supplying professional service to more customers, and also enhances the collaborative relationship with Dow Automotive. “The automotive industry in China is the largest in the world measured by automobile unit production per year. And the growth goes on: Recently, as published in the Automotive News China, Dongfeng Motor Corp. in joint venture with Honda Motor Co. announced the employment of 2,200 more people to boost the vehicle output”, says Bodo Möller Chemie CEO Frank Haug.
Bodo Möller Chemie Group is one of the world’s leading specialists in the field of industrial bonding, composite materials and electro casting and supports clients during the entire life cycle of a product, from prototyping to mass production. As global partner of Dow Automotive Systems, China is a priority market for Bodo Möller Chemie. With this acquisition, the subsidiary in Shanghai serves the Chinese market with adhesives and sealants from Dow Automotive Systems for applications in the transportation manufacturing industry. Additionally, the portfolio of Huntsman Advanced Materials complements the selection of adhesives and solutions for the composite and electronic segments. The specialist company has professional sales and customer service and a local warehouse in Shanghai to supply solutions for rubber to metal bonding and structural bonding.
With 40 years’ experience in selling specialty chemicals, the Bodo Möller Chemie Group (www.bm-chemie.com) is the leading partner of renowned global chemical companies, including Dow Automotive Systems, HB Fuller, BASF, Huntsman Advanced Materials and Huntsman Textile Effects. An own production plant and in-house laboratories for customized formulations and application tests complete the Bodo Möller Chemie portfolio. The products of the in Offenbach, Germany located company include high-performance epoxy resin, polyurethane and silicone-based adhesives, thermosetting plastics (epoxy resin, polyester, polyurethane, silicone), pigments and additives, textile agents, dyes, electro casting resins, tooling and laminating resins and composites. The experts at Bodo Möller Chemie offer their customers targeted advice and customized on-site services to help them find the optimum product solutions tailored to the individual requirements of many different sectors.