Our solutions for material characterization
may 05 2020
Formulaction and LDS form a new partnership with DKSH, to further expand in China
Formulaction has signed an exclusive agreement with DKSH to distribute its scientific instruments to the Chinese market. LDS, the long-term partner of Formulaction in China, is an integral part of this cooperation and will become a part of DKSH Shanghai Ltd.. Effective May 1., 2020, DKSH will reinforce the marketing, sales, distribution and logistics of Formulaction solutions for Physical Stability, Particle Size and Rheological Properties. Under this new partnership, DKSH will benefit from the technical expertise of LDS specialists, while LDS will become a part of larger sales and service network which will allow to further develop in the Chinese market.
As a well-established company in China with all the required resources, DKSH will provide great support and expertise to current and future clients of Formulaction. The combination of DKSH product portfolio, testing laboratories, and sales group with the technical expertise of LDS is a great opportunity for Formulaction's business organization and expansion in China. The committed continuity from DKSH and Formulaction to serve LDS customers in China with the same professionalism and focus as LDS but with an extended network, will be a great chance for all existing and future Formulaction customers.
“We look forward to being the trusted partner for Formulaction and increasing the market coverage.” said Oliver Hammel, Managing Director, Business Unit Technology, DKSH China. He added that “having the LDS China team with their outstanding expertise, knowledge and long-term experience as part of the DKSH China team, is a great chance for all three parties involved.”
DKSH is the leading Market Expansion Services provider with a focus on Asia. The Group helps companies to grow across the Business Units Healthcare, Consumer Goods, Performance Materials and Technology. The service portfolio covers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Publicly listed on the SIX Swiss Exchange, the Group operates in 36 markets with 33,350 specialists, generating net sales of CHF 11.6 billion in 2019. With its Swiss heritage, DKSH has been deeply rooted in Asia Pacific since 1865. The DKSH Business Unit Technology offers complete solutions for specialized industrial applications. With around 1,670 specialists, the Business Unit generated net sales of CHF 431.9 million in 2019.