Further Addition to Pharmaceuticals Business Group of IMCD
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced last week that it has signed an agreement to acquire the pharmaceutical business of Peak International Products B.V. [“Peak International”] (Eerbeek, The Netherlands), a distributor for Active Pharmaceutical Ingredients (“API”) selling in the Benelux region, Vietnam, Germany and Israel.
The business within the scope of the transaction generated revenues of approx. EUR 5.8 mn in 2019. It will be integrated into IMCD’s Business Group Pharmaceuticals, the company said in a statement. No further financial details were disclosed on the transaction.
Source: IMCD press release
HGE – DCG / 10.11.2020