IMCD acquires Mumbai-based Kushalchand
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands), last week announced that it has completed the acquisition of Kushalchand Sons (Mumbai, India).
The company, originally established in 1922, is a distributor of speciality food ingredients to the processed food industry in India and has revenues of ca. EUR 9 mn. The business will be integrated into IMCD India and 18 employees have already transferred, the company said.
Source: IMCD press release
HGE – DCG / 08.04.2015