By renaming its subsidiary Petrico Limited to KRAHN UK Limited, the Germany based chemical distribution company KRAHN Chemie is taking a further step towards a uniform brand presence in Europe.
As part of the company’s growth strategy, Petrico Limited, a distributor of petroleum and chemical products specialized in the lubricants and additives industries, was acquired in 2021 as part of the acquisition of Pemco Additives AB. The renaming becomes effective May 1, 2022, and will not effect customers or any contractual partners or existing relationships.
Petrico Ltd, founded in 1987 with its headquarter in Sandbach, UK, is an ISO 9000 certified company. “Petrico has built a trusted reputation in the lubricant market and nothing changes but the name. We will continue to support our valued customers and suppliers whilst promoting the Petrico brand of products throughout wider KRAHN regions“, says Andrew Lamb, Managing Director of KRAHN UK Ltd.
„The renaming of Petrico helps us position KRAHN in these markets and is a big step towards a pan-European brand presence as a first-class specialty chemicals distributor and service provider as well as being an excellent Partner in other segments, too“, says Dr. Rolf Kuropka, CEO of KRAHN Chemie GmbH.