Multichem

What Multichem does

Multichem S.A. (operating as Multichem) is a Greek specialty chemicals distribution and light-manufacturing company founded in 1997 and headquartered in Chaidari (Χαϊδάρι), Athens metropolitan area. The company operates a multi-brand distribution model, holding exclusive Greek distribution rights for major international adhesive, sealant, and tape brands. Specifically, it is the Henkel Premium Partner in Greece for industrial adhesives (since 2016), holds a tesa Platinum Distributor Partner position for 2025 (partnership initiated July 2021), and represents Kurita (water treatment chemicals), Simalfa (water-based adhesives for furniture/upholstery), and Ecolab (industrial cleaning/hygiene). It also manufactures and distributes its own proprietary Neostick brand of benzine, wood, and epoxy adhesives.

The company serves three distinct customer segments: Industries (manufacturing/industrial buyers of Henkel industrial adhesives, tesa tapes, Kurita water treatment chemicals, and Simalfa spray adhesives), Consumers (household/office buyers of Pritt stationery, Loctite instant adhesives, Pattex household adhesives, and Ariasana moisture control products distributed through modern retail chains), and Professionals (tradespeople such as plumbers and builders using Neostick, Tangit PVC products, Rubson silicones, and Metylan wallpaper adhesives via trade channels). Distribution occurs through modern retail chains (exclusive), industrial distributors, and professional trade outlets, all within Greece.

Multichem's revenue model is distribution-based: it earns margins on branded chemicals resold through retail and trade channels, supplemented by own-brand manufacturing margin on Neostick products. Pricing is not publicly disclosed; products are one-time-purchase (consumable) rather than subscription. The company employs between 11 and 50 people, has no subsidiaries, has not raised external funding, and has engaged in no disclosed M&A. Its competitive position rests on the durability of its principal partnerships and its exclusive Greek distribution rights for top-tier global adhesives brands.

Name

Multichem

Legal name

MULTICHEM S.A.

Website

https://multichem.gr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Multichem S.A. is a Greek specialty chemicals distributor and light manufacturer founded in 1997, serving Greek industrial, consumer, and professional markets with exclusive distribution rights for Henkel, tesa, Kurita, and Simalfa products and its own Neostick adhesive brand.

Ownership category

akta.pro rank

Product category

Industrial Chemicals Distribution

NAICS

Chemical and Allied Products Merchant Wholesalers (4246), Other Chemical Product and Preparation Manufacturing (3259)

SIC

Wholesale-Chemicals & Allied Products (5160), Chemicals & Allied Products (2800)

akta.pro primary industry

Sustainable Labels, Adhesives & Inks (Wash-Off Labels, De-inkable Inks, Low-VOC) (IMALAMAJ)

Keywords

• Industrial adhesives distribution
• Sealants and silicones
• Adhesive tapes supply
• Water treatment chemicals
• Specialty chemical manufacturing

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Distribution of branded chemical products: Multichem generates revenue through the distribution of adhesives, tapes, sealants, silicones, and chemical products from international brands. The company holds exclusive distribution rights for Pritt, PATTEX, Loctite, and Ariasana in modern retail channels. They also produce and distribute their own Neostick brand of adhesives.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Multichem is a Greek distributor and manufacturer of adhesives, sealants, tapes, silicones, water treatment chemicals, and specialty chemical products. The company distributes international brands such as Henkel, tesa, KURITA, SIMALFA, Tangit, Rubson, Metylan, Bagno Sano, Ariasana, Loctite, PATTEX, and Pritt to Greek industrial, professional, and consumer customers, and manufactures its own Neostick adhesive product line. It holds exclusive distribution rights in modern retail channels and operates as Henkel Premium Partner (since 2016) and tesa Platinum Distributor Partner (2025).

Product overview

Multichem is a Greek distributor and producer of adhesives, tapes, and chemical products serving three market segments: Industries, Consumers, and Professionals. The portfolio is organized as a multi-brand distribution model with exclusive partnerships. For industries, Multichem offers Henkel industrial adhesives (Loctite, Pattex, Technomelt, Aquence), tesa tapes, Kurita water treatment chemicals, and Simalfa spray adhesives. For consumers, they distribute Pritt stationery adhesives, Loctite instant adhesives, Pattex household adhesives, and Ariasana moisture control products. For professionals, Multichem provides their proprietary Neostick brand of gasoline and wood adhesives, Tangit PVC products, and Rubson silicones, alongside Pattex professional sealants and Metylan wallpaper adhesives. The company also produces the Neostick product line under their own brand, while serving as Premium Partner of Henkel and Platinum Distributor Partner of tesa in Greece.

Differentiator

Problem solved

Functional benefit

Brands

• Neostick: Own-brand adhesive product line including benzine-based adhesives, wood adhesives, and epoxy products manufactured by Multichem.

Products and services

• Henkel Industrial Adhesives Industrial adhesive product lines from Henkel (Loctite, Pattex, Technomelt, Aquence) for industrial bonding, packaging, labeling, and manufacturing applications, distributed under Multichem's Henkel Premium Partner status in Greece.
• tesa Tapes Comprehensive tesa self-adhesive tape solutions including sealing tapes, masking tapes, packaging tapes, double-sided tapes, ACX PLUS, strapping tapes, and aluminum tapes for industrial and professional use; Multichem is a Platinum Distributor Partner (2025).
• KURITA Water Treatment Industrial water treatment chemicals including FERROCID, FERRODOR, FERROFOS, and FERROLIX scale inhibitors, corrosion inhibitors, and dispersants for industrial water processing and pool cleaning.
• SIMALFA Adhesives Water-based, solvent-free pressure-sensitive adhesives (SIMALFA 302, 309, 3031) for foam, fiber, and fabric applications in the furniture, mattress, and upholstery industry.
• Neostick Multichem's own-brand adhesive product line including benzine-based adhesives (Neostick 550, 588, 80), wood adhesives (Neostick 2008N, 2009, 24), and epoxy products (Neostick MASTIC) for industrial and professional applications.
• Tangit PVC adhesives, epoxy putty, cleaners, and sealing products for plumbing and pipe installation applications.
• Rubson Silicone sealants and waterproofing products including Rubson AquaBlock liquid silicone for sealing applications in construction.
• Loctite Instant adhesives (cyanoacrylates) including the Super Attak line, PowerFlex Gel, and specialized products for consumer and professional use.
• Pattex Comprehensive adhesive and sealant brand including MS polymers, polyurethane foams, silicone sealants, wood adhesives, contact adhesives, hot melt, epoxy, and mounting adhesives for consumer and professional use.
• Pritt Stationery adhesives including stick glues, liquid correction, dry correction, roller correction, craft adhesives, and mounting supports for consumer and office use.
• Ariasana Moisture absorbers, dehumidifiers, aromatic products, and antifungal liquids for household moisture control and air freshening.
• Bagno Sano Bathroom care products including silicone sealants (Facile, Rapido, Stop Muffa), enamel repair (Smalto), mold remover (Anti Muffa), and bath renewal solutions (Re-New).
• Metylan Wallpaper adhesives including Special, Universal, Defix, Liquid Concentrate, and Ovalit variants for professional and consumer wallpaper installation.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• tesaflagshipChannel Partner/ Reseller/ Distributor · 1 January 2021Multichem has been a Platinum Distributor Partner of tesa since 2021, serving the general industry with applications in various categories. tesa is an international company with a leading position in the global market for self-adhesive products and systems.
• HenkelflagshipChannel Partner/ Reseller/ Distributor · 1 January 2016Multichem has been a Premium Partner of Henkel in Greece since 2016 in the Industrial Adhesives sector. The company distributes Henkel brands including LOCTITE, PATTEX, Pritt, and Ariasana. Henkel is a global leader in adhesives, sealants, and surface treatments with over 145 years of history.
• KURITAcoreChannel Partner/ Reseller/ DistributorMultichem distributes KURITA water treatment and pool cleaning products in Greece. KURITA provides industrial water treatment solutions including scale inhibitors, corrosion inhibitors, and dispersants.
• SIMALFAcoreChannel Partner/ Reseller/ DistributorMultichem distributes SIMALFA water-based adhesives for foam, fabric, and upholstery applications. SIMALFA specializes in environmentally friendly adhesives for the furniture and mattress industry.
• EcolabminorChannel Partner/ Reseller/ DistributorEcolab products are represented in Multichem's portfolio, providing industrial cleaning and hygiene solutions.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Bostik (Arkema): Global specialty adhesives business of Arkema serving industrial, consumer, and construction markets. Overlaps directly with Multichem's industrial and professional adhesives portfolio and competes for the same Greek end-customers via its own distribution channels.
• Henkel: Global manufacturer of adhesives, sealants, and surface treatments (Loctite, Pattex, Pritt, Technomelt, Aquence). Multichem is a Henkel Premium Partner and distributes Henkel's industrial and consumer adhesive brands across Greece, making Henkel both a principal partner and the most relevant broad incumbent peer in the underlying product categories.
• Brenntag: World's largest chemical distributor offering industrial and specialty chemicals across value chains. Direct functional peer to Multichem's distribution business model — Brenntag could credibly enter the Greek market as a pan-European competitor to win principal relationships away from local distributors.
• Sika: Swiss specialty chemicals company with a leading position in sealants, adhesives, and bonding systems for construction and industrial markets. Highly comparable to Multichem's professional segment (Rubson, Tangit, Pattex Pro, Metylan) and competes for the same Greek construction/trade customers.
• H.B. Fuller: Global industrial adhesives and specialty chemical manufacturer with strong packaging, hygiene, and construction adhesive lines. Comparable to Multichem's industrial hot-melt (Technomelt), labeling (Aquence), and consumer adhesive categories.
• IMCD: Global specialty chemicals and ingredients distributor. Closely mirrors Multichem's specialty-distribution model with industrial adhesives, water treatment, and consumer chemical principals, representing the type of larger pan-European player that could compete for Henkel/tesa distribution contracts in Greece.
• tesa: International manufacturer of self-adhesive tapes and systems for industrial, professional, and consumer applications. Multichem has been tesa's Platinum Distributor Partner in Greece since 2021, making tesa the second cornerstone principal partner and a directly comparable broad incumbent in the tapes category.
• Soudal: Belgium-based independent manufacturer of sealants, PU-foams, and adhesives (similar profile to Pattex, Rubson, Tangit). Closely comparable to Multichem's professional and DIY sealants/adhesives portfolio and a typical competitor in Southern European trade channels.
• 3M: Global diversified industrial manufacturer with a major industrial tapes and adhesives division (competing directly with tesa in many SKUs Multichem distributes). Comparable as a broad incumbent whose product lines overlap with Multichem's industrial tape portfolio.

Others

• Ecolab: Global leader in water, hygiene, and infection-prevention solutions. Multichem represents Ecolab products within its Greek portfolio, making Ecolab both a principal partner and an adjacent player in industrial cleaning/water treatment alongside Kurita.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/multichem.gr
• LinkedInlinkedin.com/company/multichem-s-a

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multichem