Biesterfeld acquires majority stake in South Korean distributor OSP

Biesterfeld SE acquired a majority stake in OSP, a South Korean distributor of specialty chemicals and polymers for industrial applications. Founder D.W. Kim will remain as a joint venture partner. The signing took place on May 12, 2026.

“Many thanks to Mr. Kim, owner and founder of OSP, for the opportunity to combine the strengths of our two companies in this highly specification-driven distribution of specialty chemicals and high-performance materials for demanding industrial applications.”biesterfeld.com

• 3 sources
• biesterfeld.comBiesterfeld Acquires Majority Stake In OSP - Biesterfeld SEMay 13, 2026
• en.wedoany.comBiesterfeld Acquires Majority Stake in South Korea's OSP, Strengthening Specialty Chemicals Presence in Asia-Pacific - WedoanyMay 20, 2026
• paint.orgBiesterfeld Acquires Majority Stake in OSP — American Coatings AssociationMay 20, 2026

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