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2M GROUP ACQUIRES EVONIK GOLDSCHMIDT UK

Published September 11, 2020
Published September 11, 2020
Kai Dahms via Unsplash

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.
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