Christeyns Acquires Two Scandinavian Suppliers
Christeyns, a Belgium-based laundry chemical supplier with a U.S. subsidiary, Christeyns Laundry Technology LLC, recently announced the acquisition of two European laundry chemical suppliers, one in Norway and the other in Denmark, according to a news release.
The acquisitions include Lilleborg, which is part of the Norwegian Orkla-group. In its laundry business, the company sells chemicals, dosing equipment and other products across Norway.
“We have come to the conclusion that it will be too challenging for us to serve our customers with the best professional laundry solutions and capabilities without an international partner,” said Petter Hellman, CEO of Lilleborg. After considering different options, we have decided that Christeyns is a perfect match and the best owner of the business for the future.” The Lilleborg Professional Laundry Team will remain with the company after the change of ownership, the release said.
The second acquisition concerns Novodan, a Danish supplier of high-quality cleaning and hygiene solutions. Christeyns expects to complete both acquisitions this fall. Combined with last year’s acquisition of Vic Kemi in Sweden, these moves further consolidate Christeyns position in the Scandinavian market.