Dutch Distributor expands its activities in Southeast Asia
International producer and distributor of food ingredients and chemicals, Caldic B.V. (Rotterdam, The Netherlands) has today announced the acquisition of DCM Asia (Shah Alam, Selangor (Kuala Lumpur), Malaysia), a distributor of specialty chemicals in Malaysia from Private Equity sponsor The Riverside Company (New York, NY – United States) for an undisclosed sum.
DCM Asia was originally established in 1987. Today it serves over 1’000 customers in Malaysia and other parts of Southeast Asia, Caldic said in a statement. Markets covered include Coatings & Construction, Plastics & Rubber, Personal Care and Food & Nutrition.
No financial details were disclosed on this transaction.
Source: Caldic press release, Riverside website
HGE – DCG / 06.01.2020