IMCD, a distributor of specialty chemicals and food ingredients, completed the acquisition of DCS Pharma, a Swiss pharmaceutical distributor. Financial terms were not disclosed. With this acquisition, IMCD acquired 90% of the shares in DCS Pharma. The remaining 10% will follow per 31 December 2021. “DCS is a significant acquisition for the development of our Pharmaceutical business, not only in expanding our global footprint, but moreover in exploiting the clear pipeline, formulation and marketing synergies between Active Pharmaceutical Ingredients and Excipients,’’ John Robinson, IMCD Business Group Director Pharmaceuticals.