IMCD acquires US-based Mutchler Inc. and Mutchler of Puerto Rico Inc.
International speciality chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherland), has acquired 100% of Mutchler Inc. (Harrington Park, New Jersey, USA) and Mutchler of Puerto Rico Inc. (Cayey, Puerto Rico, USA) to expand its presence in the Pharmaceuticals sector.
In a statementIMCD said, Mutchler, which generates revenues of USD 28 mn and has ca. 30 employees, “perfectly complements the existing IMCD US operations”. The Company supplies Excipients and Specialty Ingredients.
No financial Details were disclosed on the Transaction.
Source: IMCD press release
HGE / DCG – 01.07.2016