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Deb acquires Stoko

Published 16th July, 2014 by Neil Nixon

Deb acquires Stoko

Deb Group Ltd, one of the world's leading occupational skincare providers, has completed its purchase of Stoko Professional Skin Care from Evonik Industries. At the same time it announced the appointment of Michael Bogdanski to lead its North American business and Johannes Sitzmann, formally CEO of Stoko, to lead its European business.

Stoko is a global leader in combating skin disease in the workplace and has world class products, expertise and knowledge. By joining the two businesses together, Deb will be able to offer a comprehensive and effective occupational skin care product range.

Deb and Stoko already have highly complementary geographic footprints, customers and products. Work has already started to integrate the two businesses.

Both companies have brought industry leading products to the market over the years and now the R&D teams within both companies will combine to create further products and systems which will lead the fight against occupational skin disease.

Bryan Anderson, CEO, said: “Deb is not simply buying Stoko, it is recreating itself. Our combination allows us to more readily implement skin care programmes that deliver essential products, vital information and standards of behaviour which will increase efficiency, improve skin health and prevent infection in the workplace. It's a once in a generation opportunity.”

www.debgroup.com

Article links

http://www.debgroup.com