Announced
Financials
Sources
Tags
chemical distribution
Private
Malaysia
Pending
Majority
Acquisition
Single Bidder
Chemicals: Diversified
Friendly
Cross Border
Synopsis
IMCD, a distributor, formulator, and solutions provider of speciality chemicals and ingredients, agreed to acquire Euro Chemo-Pharma, a supplier in chemical and raw materials distribution. Financial terms were not disclosed. "Euro Chemo-Pharma's strategic positioning is fully aligned with IMCD, providing us the complementary portfolio to accelerate growth in the Malaysian market. In addition, we aim to leverage the suppliers’ synergies we gain from them to develop further our life science business in the Asia Pacific markets," Andreas Igerl, IMCD APAC President.
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