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New addition to the DST-CHEMICALS family

Written by Vivi Yde Laursen on . Posted in News, News Press Room.

Realizing the benefits of
taking TCO into consideration
for industrial cleaning

– Adding Eco-Point to the group will strengthen us on more parameters

DST-CHEMICALS A/S, which produces innovative and environmentally friendly products for the metalworking industry, has acquired 100% of Eco-Point Group on 21 May 2024. The Dutch company has been developing, producing and distributing environmentally friendly cleaning products for industrial customers since 1991.

“This acquisition is a milestone for DST-CHEMICALS and a proof of our commitment to providing environmentally friendly solutions to the industry” says Jacob Funk, CEO of DST-CHEMICALS A/S: “It is a great pleasure to welcome Eco-Point and the talented employees into the DST family. This is a big and important step for DST-CHEMICALS in our efforts to maintain and strengthen our position as a leading player in environmentally friendly products for industrial cleaning and surface treatment.”

Eco-Point’s entry into the DST-CHEMICALS Group brings additional expertise in product development and innovative processes. The two companies have clear commonalities when it comes to attitudes towards the development of sustainable industrial chemistry and a corporate culture that prioritises the working environment and close customer relationships.

The acquisition will also significantly strengthen DST-CHEMICALS’ activities in the Netherlands and Belgium, and DST-CHEMICALS will strengthen Eco-Point’s growth ambitions in selected export markets.
Both Eco-Point and DST-CHEMICALS will continue their daily operations as before. Eco-Point will be marketed as Eco-Point – part of DST-CHEMICALS. Cooperation and synergies between the two companies will be optimised where it makes sense. Current cooperation with customers, suppliers and other business partners will continue unchanged.

Press contact:
Jacob Funk
CEO

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Foreman Capital invests
in DST-CHEMICALS

Written by Samuel Ole Larsen on . Posted in News, News Press Room.

Realizing the benefits of
taking TCO into consideration
for industrial cleaning

– an innovative specialty metal cleaner
with global presence

Foreman Capital and the shareholders of DST-CHEMICALS A/S have today reached an agreement on the acquisition of a majority stake in the company by Foreman Capital. Foreman Capital will partner with the current shareholders and the existing management as minority shareholders to fulfil the growth ambitions of DST and build a global leading producer and distributor of eco-friendly metal cleaning products for degreasing, de-rusting and temporary corrosion protection.

DST is a market leading manufacturer of eco-friendly specialty chemical consumables with headquarters in Denmark. For the past years, the CEO and majority shareholder Jacob Funk has successfully built the business and developed a tailored service concept that, combined with a strong product portfolio of cleaning products, enables customers to improve quality of production whilst reducing CO2 emissions and wastewater production.

“We are proud that our team efforts and successes have been rewarded with a great next step: The partnership with Foreman Capital. Together with Foreman, we will realise our ambitious growth plan and become a global leading producer and distributor of cleaning products, by continuing to offer our clients a full-service cleaning concepts, tailored to their specific needs” says Jacob Funk, CEO of DST.

“DST is an excellent run business with a solid market position, a recurring and growing customer base and a superior service concept and product portfolio. We look forward to join Jacob and his team on their ambitious journey to further expand the global position and to contribute to this with the expertise we have gained from other investments” says Arent Fock, partner at Foreman Capital.

Jacob Funk will stay on as CEO of the company and will continue to lead the company together with the existing management team. Foreman Capital will support the team with expertise, commitment and enthusiasm. Financial terms of the transaction are not disclosed.

About DST-CHEMICALS
Founded in 1987, DST is a leading Danish producer and distributor of eco-friendly specialty chemical consumables, used for metal cleaning as part of various manufacturing processes. The company has a wide product portfolio, including products for degreasing, de-rusting & deburring, metal passivation and floor cleaning chemicals. DST offers eco-friendly chemicals that enable customers to decrease delivery times, improve quality of production whilst reducing CO2 emissions and wastewater production. DST is a global company with ~65 employees across Denmark, Germany, CEE, Sweden, France, India and the US.

About Foreman Capital
Foreman Capital is an investment firm based in Amsterdam and Copenhagen, investing in growing, profitable small and medium-sized businesses that are active across e-commerce, technology, trade, manufacturing and services. With a track record of over 25 years, Foreman supports among others founder-led and family-owned businesses in further professionalisation and growth acceleration, acting as a sparring partner for entrepreneurs and management teams. www.foremancapital.dk

Further information
DST-CHEMICALS A/S
Jacob Funk
[email protected]

Foreman Capital
Ruben Dankaart (NL) [email protected]
Martin Jacobsen (DK) [email protected]

Press contacts
Jacob Funk
T. +4575506360

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