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Deb completes Stoko purchase and announces new appointments
Deb Group, one of the world's leading occupational skincare providers, has this week announced that it completed its purchase of Stoko Professional Skin Care from Evonik Industries on 31st May 2014. At the same time Deb announced 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 what it believes is the most comprehensive and effective occupational skin care product range yet seen in the workplace.
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 says: "Deb is not simply buying Stoko, it is recreating itself. Our combination allows us to more readily implement skincare programmes that deliver essential products, vital information and standards of behaviour which will increase efficiency, improve skin health and prevent infection in the workplace. It's a once in a generation opportunity."
With its Global Headquarters in Denby, Derbyshire, Deb comprises 21 companies operating in 16 countries, with Deb products sold in over 100 countries. An estimated 40 million people use Deb's products every day.
5th June 2014