Deb Completes Acquisition Of STOKO

By joining the two businesses together Deb will be able to offer the most comprehensive and effective occupational skin care product range yet seen in the workplace, says the company.

Deb Group Ltd (‘Deb’) announced that as of the 31st of May its purchase of STOKO Professional Skin Care (‘Stoko’) from Evonik Industries has completed. At the same time it announces the appointment of Michael Bogdanski to lead its North American business and Johannes Sitzmann, formally CEO of Stoko, to lead its European business.

Stoko is a global leader in combating skin disease in the workplace and has world class products, expertise and knowledge. By joining the two businesses together Deb will be able to offer the most comprehensive and effective occupational skin care product range yet seen in the workplace, says the company.

Deb and Stoko already have highly complementary geographic footprints, customers and products. Work will start immediately to integrate the two businesses.

Both companies have brought industry leading products to the market over the years and now the R&D teams within both companies will combine to create further ground‐breaking products and systems which will lead the fight against occupational skin disease.

Bryan Anderson, CEO said, “Deb is not simply buying Stoko, it is recreating itself. Our combination allows us to more readily implement skin care programs that deliver essential products, vital information and standards of behavior, which will increase efficiency, improve skin health and prevent infection in the workplace. It’s a once in a generation opportunity.”

More in Mergers & Acquisitions