IMCD to acquire Tradeimpex Polymers.

IMCD, a distributor of speciality chemicals and ingredients, agreed to acquire Tradeimpex Polymers, a distributor of high-performance polymers and engineering plastics. Financial terms were not disclosed. “India is a dynamic market, with promising growth prospects, especially in the mobility sector. Tradeimpex is well established in this sector with its professional sales team and high-performance materials sourced from top-tier suppliers. Complementary to our current Advanced Materials business, this acquisition will enhance our presence in India and expand our offerings to the customers. The founding team of Tradeimpex will continue to work along with IMCD, post the completion of the transaction,” Olivier Champault, IMCD Business Group Director.