Wilh. Wilhelmsen ASA

M&A Activity • Feb 20, 2017

Wilh. Wilhelmsen Holding ASA: Wilhelmsen Chemicals takes over Kemetyl's sales and marketing activities for consumer products in Norway

Wilh. Wilhelmsen Holding ASA: Wilhelmsen Chemicals takes over Kemetyl's sales and marketing activities for consumer products in Norway

1 April 2017, Kemetyl West Consumer's sales and marketing activities for consumer products in Norway will be transferred

to Wilhelmsen Chemicals. Kemetyl wishes to exit the Norwegian market.

"We look forward to including Kemetyl's sales and marketing team. This will secure a sound foundation for future growth

within our cleaning portfolio," says Thorstein Medhus, CEO at Wilhelmsen Chemicals. "We will work closely together to

ensure that existing customers' interests are safeguarded and that the transfer has positive effects for all."

Kemetyl's Nordic Industry is not part of the transaction and will continue to grow within industry chemicals in Norway and

the Nordic countries. The same applies to the company's global businesses in Europe and the rest of the world.

For further questions, please contact:

Thorstein Medhus, CEO at Wilhelmsen Chemicals, +47 99241003 eller thorstein.medhus@wilhelmsen.com