Business Groups Advanced Materials within IMCD absorbs Lion’s Share of former Velox Activities
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced that it has successfully completed the full integration of VELOX GmbH’s business into IMCD, ca. one year after the transaction formally closed in September 2018.
All Velox operations are now integrated into the eleven European territories of IMCD. The majority of the business was integrated into IMCD Business Group Advanced Materials and partially into IMCD Business Group Coating & Construction, IMCD said in a statement.
Source: IMCD press release
HGE – DCG / 16.10.2019