[Geneva, Switzerland]
Solevo Group, a leading pan-African distributor of specialty chemicals, has announced the acquisition of XtremeBlue, a premier Egyptian specialty chemical distributor.
The acquisition marks Solevo’s entry into the strategic Egyptian market and establishes a gateway into the Middle East. XtremeBlue is a high-end distributor, backed by prime-rate principals and well known for its value-added services in high-growth sectors such as Personal Care, Pharmaceuticals, Food & Beverage, and Water Treatment.
Building on over a century of expertise, Solevo continues to enhance its African presence through strategic acquisitions that expand both its geographical reach and product offerings. The combination of Solevo’s pan-African footprint with XtremeBlue’s Egyptian platform now creates a deep capillary distribution network spanning from South Africa through West and Central Africa to North Africa, offering suppliers and customers alike a broader product portfolio, value-added services, innovation, and technical expertise.
Matthieu Van Bree, Business Line Director Chemicals at Solevo Group commented:
“This acquisition is our strategic first step into North Africa and unlocks significant synergies. By integrating our principal portfolios, labs, and unique capabilities, we will create new, reciprocal opportunities for growth in Egypt and across the region.”
Joris Coppye, CEO of Solevo Group shared:
“The acquisition of XtremeBlue is a key step in our strategy to deepen our presence in North Africa and establish a gateway into the Middle East. XtremeBlue, founded and built by Ahmed Fakhr, excels in value-added services, including blending and formulation support, and has built a great team with deep technical knowledge, serving and developing an impressive customer base. We look forward to leveraging their strengths to serve the Egyptian market and beyond.”
Ahmed Fakhr, Managing Director of XtremeBlue said:
“This marks a significant milestone in our growth journey – combining XtremeBlue’s expertise with Solevo’s strong regional presence, supply chain capabilities, and strategic vision, I am confident that together we will build the largest and most impactful chemical distribution platform in Egypt and across Africa & Middle East. We are fully committed to being a real value-adding force within the Solevo Group and to driving our shared growth ambitions to new heights.”
For additional information and media inquiries, please contact: media@solevogroup.com
About Solevo Group:
The Solevo Group is a leading distribution platform for specialty chemicals and partner to farmers, businesses, industrial leaders and communities across Africa. Established in 1918, Solevo operates locally in eight countries, including the Ivory Coast, Cameroon, Mali, Burkina Faso, Senegal, Angola, Ghana, and Madagascar. Solevo serves a diverse spectrum of industries, from agriculture and food production to home and personal care, construction, and water treatment.
Driven by the belief that self-sufficiency and local industry growth are integral to Africa’s development, Solevo is dedicated to supporting the continent’s dynamic transformation. The company is committed to developing efficient, innovative, sustainable and high-quality products, services and solutions for African farmers, planters, entrepreneurs and industries. Solevo’s overarching mission is to contribute to a safer, healthier and more secure future for individuals and communities across Africa.
About XtremeBlue:
Xtreme Blue is a leading distribution platform for specialty chemicals and industrial equipment, serving businesses and communities across Egypt and the broader region. Established to manage complex supply chains for chemical manufacturers and world-class producers, Xtreme Blue is locally embedded and poised to support a diverse range of industries—from manufacturing and water treatment to food processing and personal-care applications. Driven by the conviction that robust local industry and efficient supply networks are key to economic growth, Xtreme Blue is committed to delivering innovative, reliable, and high-quality solutions. Its mission is to support a safer, more productive, and sustainably empowered future for companies and communities alike.
