Manuchar announces the acquisition of CJP Chemicals, strengthening its chemical distribution network in South Africa.
Manuchar, a leading distributor of chemicals in high-growth marketsheadquartered in Antwerp, Belgium, announces it has reached an agreement to acquire CJP Chemicals, one of South Africa’s most established chemical distributors. This strategic acquisition marks an important step in Manuchar’s ambition to strengthen its footprint in South Africa and expand its global chemical distribution platform across high-growth regions.
About the acquisition
Founded in 1986, CJP Chemicals is a recognised leader in South Africa’s chemical distribution market. The company serves industries such as food & beverages, lubricants & energy, industrial manufacturing, personal care, and pharmaceuticals. With operations in Johannesburg, Durban, Cape Town, and Gqeberha, CJP Chemicals generates over USD 100 million annually.
Manuchar, headquartered in Antwerp, Belgium, operates in over 40 countries and employs 3,000 people globally. The acquisition aligns with Manuchar’s strategy to broaden its product portfolio and deepen its regional coverage in high-growth markets.
Statements from leadership
Laurent Pasqualini, CEO Manuchar Group: “This acquisition marks a significant milestone in our strategy to strengthen our chemical distribution platform across key high-growth markets. By combining CJP Chemicals’ strong legacy in South Africa with Manuchar’s global reach, we will offer a truly comprehensive product portfolio – from core commodities to high value specialty chemicals. Together, we are stepping up as a top leading chemical distribution player in Africa – particularly in South Africa -delivering broader solutions, enhanced supply reliability, and the service excellence both companies are known for.”
Karabo Radebe, MD CJP Chemicals: “Becoming part of the Manuchar Group marks an exciting new phase for CJP Chemicals. Their global reach, strong supply chain capabilities, and extensive product portfolio will reinforce our ability to serve customers with even greater reliability and depth. While we continue to operate with the same commitment and expertise our partners know us for, joining Manuchar provides us with the scale and backing needed to accelerate our growth in the South African market.”
Greg Hirschowitz, CEO ChemFin: “As the majority shareholder in CJP Chemicals, ChemFin is delighted to have found a global strategic owner for CJP Chemicals. This transaction will be beneficial to both Manuchar and CJP and I have no doubt the combined business will bring several additional opportunities to enhance the offering and service to their customers in the South African market.”
