June 29 2017

IMCD to acquire Specialty Chemicals Distributor Neuvendis S.p.A.

IMCD expands Presence in Italy with Consolidation Step

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced today that it has acquired 100% of the shares of Neuvendis S.p.A. (San Vittore Olonna (Milano), Italy).


In 2016, Neuvendis generated revenues of EUR 26.3 mn with 20 employees, selling into the Construction, Coatings & Paints, Adhesives, Plastics, Inks and Leather sectors.


No further financial details were disclosed on the transaction.


Source: IMCD press release


HGE – DCG / 29.06.2017

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