Veser Kimya

Veser Kimya, a leading Turkish chemical raw material distributor specializing in specialty chemicals (www.veser.com.tr), has had its majority stake acquired by Vinmar International Ltd. Veser serves more than 1,200 regular customers across multiple sectors including cosmetics, detergents, paints and coatings, construction and textiles, with an experienced and qualified team of over 65 employees. Operating since 1988, the company operates from a total of four warehouses in Istanbul, Izmir and Adana, and achieved sales volume exceeding TRY 200 million in 2017. With this significant stake acquisition, Vinmar continues to implement its growth strategy in the distribution sector. Through entry into specialty chemicals distribution, the company has taken an important step toward increasing product and market segment diversity. Veser's market knowledge, extensive experience, and solid, long-standing relationships with major chemical producers including BASF, Huntsman, Kolb, Clariant, Givaudan and others, along with its national sales network, provide a strong platform for Vinmar's continued growth in the sector. Hemant Goradia, Chief Executive Officer of Vinmar: "Vinmar has been active in the Turkish market for over 25 years and continues to demonstrate its confidence in the country and local industry. We are pleased that K. Özlem Düzgünses and Emre Kırca will remain as company partners and continue to play a role in company operations," he said. Founded in 1978 with headquarters in Houston, Texas, USA, Vinmar International Ltd. is a worldwide marketing, distribution and project development company that creates value for users and producers of leading petrochemical products through tailored business solutions. The Vinmar Group, with 47 offices across 36 countries, delivers services while maintaining a global perspective yet remaining aware of customers' local needs. Vinmar has experienced and knowledgeable sales, technical and logistics professionals operating in more than 100 countries. It also demonstrates adherence to high-level corporate governance principles and compliance with ISO 9001 and numerous other standards.