Bielefeld/Balve, February 28th, 2013. With signing the contracts on February 27th, 2013 the STOCKMEIER Holding has taken over all domestic and foreign companies of the KRUSE Group as well as its 431 employees. The KRUSE companies will be continued in their present form as STOCKMEIER subsidiaries. The integration of the KRUSE companies into the STOCKMEIER Group, Peter Stockmeier, CEO of the STOCKMEIER Group, considers as the most important task for the next months.
“We are very pleased that now there will be nothing more a bar to a successful cooperation with the other STOCKMEIER companies. We know the KRUSE Group very well and we regard their product line as well as the know-how of the 431 employees as a meaningful strategic complement to our company group and to our product portfolio. With the takeover of the KRUSE Group we will generate a turnover of approx. 600 Mio. Euro per year in Germany, Benelux and Poland. With this, even though unexpected step we have been able to make a significant footstep forward towards our continuous national and international development in the field of chemical standard products and specialities”, the STOCKMEIER CEO, Peter Stockmeier stated.
Together with his CEO-colleague Peter Ellinghorst, Peter Stockmeier will assume the position of the CEO of the KRUSE Group.
In 1920, August Stockmeier set up a trading firm for chemical products in Bielefeld. Today, this firm is still the head office of the company. Since 1960 the company expanded under the direction of Dr. Jürgen Stockmeier and grew until today to the company network of the STOCKMEIER Group, which currently is managed in third generation by Peter Stockmeier. The company network STOCKMEIER Group has meanwhile become a global player of standard products up to specialities for numerous branches.
With locations in Europe and Overseas the STOCKMEIER Group develops, produces and distributes demanding products. Here, the companies of the STOCKMEIER Group are using modern technologies consequently. A certified quality management lived by the employees, guaranties highest and continuous qualities.
A decentralized stocking and the possibility to produce environmentally correct at several locations increases ability and security to supply. Since more than 90 years the family-owned STOCKMEIER Group is supported by ideas and innovations, and the financial strength to implement this.