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Announced

Completed

IMCD Colombia completed the acquisition of a 80% stake in Siliconas y Quimicos.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

raw materials

chemicals

Private

Chemicals and Synthetic Fibres

Majority

Domestic

Completed

Colombia

Acquisition

Synopsis

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IMCD Colombia, a distributor of speciality chemicals and ingredients, completed the acquisition of a 80% stake in Siliconas y Quimicos, a chemicals and raw materials manufacturer. Financial terms were not disclosed. "We are delighted to further expand our presence in Latin America with the acquisition of Siliconas y Químicos. The company’s strategy of being ‘Specialists in Specialities’ closely aligns with IMCD and its expertise in personal care, coatings, silicones and other speciality industrial markets perfectly complements our existing pharmaceuticals, food and nutrition business in Colombia," Marcus Jordan, IMCD Americas President.

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