August 21 2020

IMCD has acquired VitaQualy in Brazil

Consolidation continues in the Brazilian Ingredients Distribution Market

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced earlier in the week that it has acquired 100% of the outstanding shares of VitaQualy Comércio de Ingredientes LTDA [“VitaQualy”] (São Paulo, SP – Brazil), a specialty ingredients distributor serving the Food & Nutrition, Pharmaceuticals and Nutraceuticals markets.

In 2019, VitaQualy generated revenues of BRL 26 mn (ca. EUR 7.2 mn) with 8 employees. The company will be fully integrated into IMCD’s organisation in 2021, the statement said. 

No financial details were disclosed on this transaction.

Source: IMCD press release

HGE – DCG / 21.08.2020

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