Hamburg/Singapore 6 February 2025 – Biesterfeld SE continues its global growth course. GME Chemicals (S) Pte Ltd, part of the Biesterfeld Group since 2021, has acquired the entire distribution business of Tat Lee Engineering Private Limited. The closing took place on February 3, 2025. Tat Lee is active in the manufacturing and supply of gaskets and related sealing products as well as in the distribution of specialty lubricants and high-performance silicone materials in Singapore. In its distribution business, Tat Lee works primarily with the global suppliers DuPont and Dow Chemical.
With the acquisition of the distribution business, GME Chemicals obtains the distribution rights for the specialty lubricants MOLYKOTE from DuPont and the DOWSIL high-performance silicone materials from DOW:
- MOLYKOTE are high-performance lubricants and anti-friction coatings. The products are designed to increase the reliability and longevity of mechanical components by reducing friction, wear and corrosion in various industries such as automotive, and aerospace. MOLYKOTE products include extreme temperature lubricants, greases, oils and pastes, and anti-friction coatings that provide protection in demanding environments. They are known for their durability and effectiveness.
- DOWSIL are mainly silicone-based products that have been specially developed for the automotive, electronics and lighting industry. They offer solutions for performance, protection and manufacturing efficiency. Key products include materials for thermal management, encapsulants and potting compounds, silicone adhesives and sealants and conformal coatings.
With the acquisition, a team from Tat Lee of four in sales and customer service will also join GME Chemicals. Mr Sam Ho, Managing Director of Tat Lee states: “I am very pleased to know that our distribution business and my team are in very good hands after the sale and wish each of them with GME and Biesterfeld all the best – now my team and me, we can concentrate fully on production as our core business as planned."
Stephan Glander, CEO of Biesterfeld SE, explains: "Many thanks to Mr Sam Ho and Mr Jim Ho ,Directors of Tat Lee, and also to Philip Chew and his team for the excellent collaboration that made this acquisition a success for both our companies. Since the acquisition of GME Chemicals in 2021, we have been steadily and successfully expanding our business in the fast-growing region of Southeast Asia. The acquisition is a further step and strengthens our presence in Singapore and the region."
Philip Chew, Managing Director GME Chemicals and Member of the Executive Board of Biesterfeld SE, says: "I am delighted that this acquisition will enable us to further expand our growth in Singapore with our global partners DuPont and DOW. This aligns perfectly with our vision 2030 to grow broader by strengthening our market presence and dive deeper by enhancing our expertise in high-performance products. With this, we can provide our customers with even more comprehensive and tailored solutions. In particular, I would like to welcome our new colleagues at GME and to our international Biesterfeld family and look forward to a successful collaboration."
About Biesterfeld SE
Biesterfeld SE is the strategic holding company of the Biesterfeld Group, one of the international leading distribution and service companies in the field of plastics, rubber and specialty chemicals. Founded in 1906 in Hamburg, Germany, today the group has more than 1100 employees across more than 50 locations in Europe, North and South America, Asia and Africa and generates an annual revenue of 1.38 billion EUR (FY 2023). The fully family-owned company focuses on specialized market know-how and application-based technical advice across numerous industries in the business units Standard Polymers, Engineered Polymers, Performance Polymers, Rubbers, HealthCare, Industrial and Consumer.
