2018: At February 1 2018, the KRAHN Group acquired the distribution business of the French Memolex SAS and established KRAHN France SAS. This acquisition represents a further step in the Europe-wide expansion of subsidiaries.
Memolex, founded in 1986, was focused on the sales and distribution of plastic additives in the French market. The former Memolex team has been transferred to KRAHN France and is operating from Milly-la-Forêt close to Paris.
2014: In April 2014, KRAHN Chemie secures a majority sharehold in the company, Pietro Carini S.p.A, located in Milan (Italy) thus further strengthening its presence in Europe.
- In 1868, Pietro Carini founded his company in Milan which carries his name.
- Pietro Carini S.p.A was acquired by Antonio Bozzi in 1905.
- Since then, Pietro Carini´s owners have continued to successfully develop the company as an Italian distributor.
2013: In the process of rapid expansion, KRAHN acquires ICH Benelux BV in Amsterdam, including the subsidiary, Technoplan Farbtechnik GmbH & Co. KG in Bottrop (Germany) and ICH POLAND SP. z.o.o. in Poznan (Poland).
- ICH Benelux was founded in 1979 in Wormerveer close to Amsterdam.
- 2009 – Technoplan Farbtechnik GmbH & Co. KG in Bottrop (Germany) was acquired.
- This was followed by purchasing ICH Poland in Poznan in 2012.
2009: KRAHN Chemie Polska Sp. z.o.o. based in Poznan in Poland is established on 27th July 2009.
2008: Oleochemical trade is discontinued. KRAHN specializes onwards in its core area: technical sales and distribution.
1997: KRAHN Chemie develops further by distributing chemical raw materials for the lubricants industry. In this way, a new business segment is created, shifting distribution to focus strongly on sophisticated products. The company reorganizes its business activities and organizes its distribution segment according to industry.
1992: KRAHN discontinues trading in natural rubber and focuses on rubber processing, distributing synthetic rubber and rubber additives.
1989: KRAHN Chemie establishes a new business segment called technical ceramics where zirconium dioxide powder is used as a raw material in the field of dentistry.
1988: Reinhard Krahn retires from his managerial position at the OTTO KRAHN group of companies before his death two years later. The company’s operational responsibilities are taken on by a non-family management afterwards. Members of the Krahn family retain ownership of the OTTO KRAHN group.
1972: OTTO KRAHN is restructured to become a managerial holding company. Commerical trade with chemical raw materials is handed over to the new subsidiary, KRAHN Chemie GmbH, established on 23rd June 1972.
1962: After Wolfgang Krahn’s fatal accident in October of the same year, his brother, Reinhard Krahn, takes over the leadership of the OTTO KRAHN group of companies and successfully established business contacts with raw material producers in Asia.
1961: On January 1st, Wolfgang Krahn established the subsidiary, ALBIS PLASTIC GmbH in Hamburg and exhibited an equally keen sense for business as his father, Otto Krahn, by recognizing the increasing significance of synthetic material. ALBIS PLASTIC’S objective was to distribute plastic granules.
1952: After the Second World War, OTTO KRAHN was swift to forge ahead on the international market compared to many of their competitors. Wolfgang Krahn resumed business ties with the USA. In the next years, he succeeded in gaining the confidence of several North American companies to trade in Germany. This expanded OTTO KRAHN’S scope to include synthetic rubber and specialty chemicals for the paint and plastic industries.
1939: Otto Krahn died shortly before his company’s thirtieth anniversary in the same year. His son, Wolfgang Krahn, took over the reins of the company OTTO KRAHN.
1920: During the difficult years after the First World War, Otto Krahn succeeded in gaining a foothold abroad. He expanded the company effectively by trading in recycled rubber and regenerated materials which he acquired on the American market and sold in Germany.
1909: On June 30th 1909, Otto Krahn founds the trading company which carries his name focuses on trading in caoutchuc (raw rubber), rubber products, heavy duty material and related products. By establishing the company, Otto Krahn laid the cornerstone for a firm that is still successful 100 years later.