Industry News

KRAHN Chemie acquires Greek distributor InterActive

As of January 2020, KRAHN Chemie GmbH has acquired a majority share of InterActive S.A., headquartered in Athens, Greece. Through this strategic acquisition the KRAHN Chemie Group expands its footprint not only in Europe but also in the Israeli market.

InterActive S.A. was founded in 1990 and specialises in the distribution of lubricant additives in the Israeli, Greek and Cypriot market, as well as scientific instruments for R&D and QC laboratories in oil, pharma & chemical industries by representing renowned international manufacturers.

Yannis Protopapas, founder, co-owner and Managing Director of InterActive S.A., explains:

“The new affiliation with the KRAHN Group provides us with a strong and solid base for our future business development. As a family owned company, KRAHN Chemie clearly matches with InterActive, especially with its firm commitment to securing the long-term development and growth opportunities in today’s rapidly consolidating markets. It is a pleasure to be now part of a group which also strongly believes that deep local market knowledge and partnership-oriented relationships are fundamental in creating value for both our customers and suppliers. In addition, the access to an extensive and high-quality product range, technical services as well as in-house laboratory support will accelerate our future growth.”

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