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Manuchar, a leading distributor of chemicals in high-growth markets headquartered 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.
Founded in 1986, CJP Chemicals is a well-recognized distributor with a strong heritage in the South African market. The company offers a broad range of industrial and specialty chemicals, serving key sectors such as food & beverages, lubricants & energy, industrial manufacturing, personal care and pharmaceuticals. With operations in all major industrial hubs - Johannesburg, Durban, Cape Town, and Gqeberha - CJP Chemicals employs around 170 people and generates in excess of USD 100 million in revenues each year. They are highly valued for their technical expertise, customer closeness, and reliable supply chain.
From its headquarters in Antwerp, Manuchar operates a local distribution network across North & Latin America, Africa, Europe, the Middle East, and Asia. The company employs 3,000 people worldwide, handles over 4.6 million metric tons of goods, and generates approximately USD 2.6 billion in sales with operations in over 40 countries and 180 locations. Manuchar has been active in South Africa since 2003 and today covers the entire country with offices in Durban, Johannesburg, and Cape Town, employing around 100 people locally.
The acquisition of CJP Chemicals aligns with Manuchar’s long-term growth strategy to broaden its product portfolio, deepen its regional coverage, and reinforce its leadership in serving customers across high-growth markets.
The closing of the agreement between the shareholders of Manuchar and CJP Chemicals is expected in Q3 2026, subject to antitrust approval.
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.”
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
