The 2M Group of Companies has acquired Evonik Goldschmidt UK Limited from Evonik UK Holdings Limited, a UK subsidiary of Evonik Industries AG.
WHO: The 2M Holdings group of companies is a portfolio of strong brand life and material science-based companies, supplying chemicals and application know-how worldwide for a multitude of industries including the Personal Care, Pharmaceutical, Automotive, Aerospace, Oil & Gas, and Water Utility industries. Entrepreneur-founded in 2004, the group is privately owned and led by Mottie Kessler MBE, the present Chairman and CEO, and Dr Maggie Kessler, International Trade Director. The portfolio includes: 2M Water Treatment, Banner Chemicals, CE-02, Ingretech France, MP Storage & Blending, SampleRite, Stowlin & Surfachem.
DETAILS:
- The site will be renamed 2M Manufacturing Limited and will retain all existing employees and assets. As the first bespoke manufacturing site within the 2M Group, it represents a significant milestone in its growth and development.
- Surfachem, part of the 2M Group, has marketed the products manufactured at the Milton Keynes site for over 20 years.
- The 2M Manufacturing Limited site will continue to produce its existing product portfolio, while also providing opportunity for future expansion.
- Evonik and 2M are working in partnership to maintain a high level of customer service throughout the transition period and will continue to work together as distribution partners across the UK and select parts of Europe.
- In January 2020 2M Holdings Ltd expanded in cosmetics ingredients in France with the acquisition of Ingretech SAS.