Naugatuck, Conn., headquartered Drew International, moms and dad business of Drew Marine, has actually gotten to an arrangement to get all impressive, common, licensed shares of CHEMO Hellas, SA, a specific niche aquatic chemical carrier headquartered in Skaramagas, Athens, Greece.
The purchase will certainly bring CHEMO’s items, significant its extremely pertained to container cleansing chemistry as well as associated devices, right into Drew’s existing line of product. The CHEMO brand name will certainly proceed under Drew’s stewardship.
CHEMO was established in 1980 as well as has actually created a credibility for cutting-edge cleansing formulas, water therapy systems, as well as gas ingredients.
“Our family at CHEMO is thrilled to become part of Drew Marine, as we join the strong tradition Drew brings to the maritime world,” claimed Eva Karapanagiotou, Chief Executive Officer of CHEMO. “Our family at CHEMO is thrilled to become part of Drew Marine, as we join the strong tradition Drew brings to the maritime world. Our companies fit together nicely and will provide a platform to deliver our industry-leading products to a worldwide stage. My father would be pleased to see his legacy reaching this apex, reaching business partners on a fully global scale.”
Frank Monteiro, Chief Executive Officer of Drew, commented: “We have been focusing our efforts around expanding the chemical formulations and value-added technical support within our marine business. Stavros Karapanagiotou was well known in the industry and the legacy that he left behind with his company CHEMO is a true success story. We know CHEMO will be a great fit within the Drew Innovation & Service platforms.”
