Strategic alliance in waxes

Paramelt has taken a majority stake in German company Kahl GmbH & Co. KG, a specialist in natural waxes based in Trittau. This transaction strengthens Paramelt’s position in this segment, particularly in the beauty, home care and food markets. Kahl retains its expertise, while Paramelt expands its global presence and accelerates innovation through an international platform dedicated to sustainable waxes.