Chemoform AG To Become Majority Stake Holder In CPC

by | May 28, 2024

Chemoform AG buys majority stake in Complete Pool Controls Ltd

Chemoform AG, leading European suppliers of recreational water chemicals and ancillary pool equipment, has purchased a majority of shareholding in Complete Pool Controls Limited (CPC).

Chemoform has been a minority shareholder in CPC since inception 18 years ago and both companies have benefitted from working closely on supplies, logistics and product innovation.

Chemoform CEO Cedric Mayer-Klenk commented “that the UK market was an important European market for the group, and that CPC was a perfect fit for the chemical activities of the Chemoform group”. He also notes that “consolidation was gaining momentum in Europe, allowing companies to invest in product compliance and innovation from shared platforms”.

Mark Ramsden Commercial Director of CPC added that the “timing of the deal was perfect as biocidal registration and regulatory requirements were both costly and time consuming exercises that Chemoform resources would help alleviate“. He added that “Chemoform have proved to be reliable and supportive partners over many years.

Both Mark and Andy (Page) are continuing with the business and retain a significant but reduced shareholding.

Business support and service levels will be unaffected and hopefully enhanced by this development. Furthermore, customers should benefit from supply continuity, product innovation and improved buying power.