# 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.

- Type: Acquisition
- Announced: 2026-05-12
- Where: Seoul, South Korea
- Status: completed
- Products: specialty chemicals, polymers, polyurethanes, coatings, adhesives, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Biesterfeld](https://endata.com/companies/46158.md) (acquirer)
- [OSP](https://endata.com/companies/91922.md) (target)

## Sources

- [biesterfeld.com](https://www.biesterfeld.com/en/mk/article/biesterfeld-acquires-majority-stake-in-osp/), 2026-05-13: "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."
- [en.wedoany.com](https://en.wedoany.com/shortnews/174305.html), 2026-05-20: "German company Biesterfeld signed an agreement to acquire a majority stake in South Korea's OSP."
- [paint.org](https://www.paint.org/biesterfeld-acquires-majority-stake-in-osp/), 2026-05-20: "We are very pleased to enter this joint venture with Biesterfeld."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.