Biesterfield buys fellow API distributor Schütz

By Staff Reporter

- Last updated on GMT

Image: iStock/nightman1965
Image: iStock/nightman1965

Related tags: Pharmacology, Active ingredient

Biesterfeld says the acquisition of fellow Germany-based distributor Schütz strengthens the firm’s focus on specialty chemicals.

German distribution company Biesterfeld has bought Schütz & Co., a Hamburg-based business focused on the distribution of customised active pharmaceutical ingredients (API) and excipients, for an undisclosed fee.

According to a Biesterfeld spokesperson, the addition of Schütz “strengthens [the firm’s] core competencies and [its] focus on specialty chemicals and customer-specific solutions​.”

“The service and product range of Schütz & Co. is an ideal addition to our portfolio for the pharmaceutical and cosmetics industries,”​ this publication was told.

The deal, which went through on August 1, will see Biesterfeld take on numerous long-standing partnerships with manufacturers for the supply of ingredients to pharma and cosmetic companies across more than 50 companies.

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