Strategic Acquisition of Chemical Distributor Completed
Frankfurt (Germany) / Dubai (UAE) - January 29, 2020.
TouGas Oilfield Solutions GmbH has acquired a controlling stake in Ecore MENA Ltd, a leading specialty chemicals distributor in the Middle East and North Africa. Through this transaction, TouGas will greatly enhance its marketing and distribution infrastructure in the region. The combined business will have a balanced portfolio serving customers for oilfield chemicals, industrial chemicals, as well as for consumer specialties. “I am very excited about this acquisition since it combines the strong technology position of TouGas with the marketing and distribution capabilities of Ecore. We can now offer to our customers an excellent distribution network as well as access to our technology center in Germany,” says Dr. Tore Land, CEO & President of TouGas Oilfield Solutions.
The group is headquartered in Frankfurt (Germany) with offices in Houston (Texas), Riyadh (Saudi Arabia), Dubai (UAE) and Cairo/Alexandria (Egypt).
Approximately 60 employees with extensive chemical industry and distribution experience create value by matching customer needs with optimal technology solutions and a global network of suppliers.
TouGas Oilfield Solutions GmbH
Gaby Boethig CFO
Phone: +49 (0) 69 2474 809 20
Fax: +49 (0) 69 2474 809 99