After the acquisition, Chemigate will continue to operate as an independent subsidiary of Berner. Chemigate’s basic business and operational model will remain the same. The current management will continue in their previous roles and most will stay on as shareholders.
Chemigate CEO Tom Schauman is delighted with the sale of the majority stake to Berner.
“There is a huge appetite for bio-based products and we believe that this acquisition will support our strategy of growing in this market. Together with Berner, we will continue our customer-oriented and competence-based work in the Nordic paper and board market, while developing new approaches and bioproducts for the wider industry,” says Tom Schauman.
Berner Oy already operates in the paper and board industry and the offering includes basic chemicals, magnesium products and analytical and quality management solutions.
The purchase of Chemigate’s majority stake will have no impact on personnel. The transaction still requires the approval of the Finnish Competition and Consumer Authority.
CEO, Chemigate Ltd
Tel. +358 40 728 5014
Berner Ltd is an established family-owned Finnish company founded in 1883 with six business units whose high-quality Finnish and international brands are an integral part of daily life in Finland. In 2020, the Group’s turnover was EUR 324.3 million, and its work force totalled 536. The Berner Industries business unit supplies chemicals and food- and feed raw materials to the manufacturing industry and the infrastructure sector. Group company Berner Chemicals Ltd manufactures magnesium products in Kokemäki. Responsibility is one of Berner’s areas of strategic focus and we are committed to its continuous and long-term development #huomisenpuolustaja. More information: www.berner.fi
Chemigate Ltd is a company dedicated to selling modified starches for technical applications such as binders in the paper industry. We are committed to supplying our customers with natural (starch based) products that withstand even the most stringent requirements what comes to ecology and sustainability. Our success comes from the expertise of our personnel and from the knowledge of the demands of our customers. More information: www.chemigate.fi