Tag Archives: South Africa

IMCD to acquire Siyeza in South Africa

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Further enhanced Pharma Industry Coverage for Rotterdam based Distribution Group

Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced earlier this week that it has signed an agreement to acquire 100% of the shares in ingredients distributor Siyeza Fine Chem Propriety Limited [“Siyeza”] (Johannesburg, South Africa).

Founded in 2007, the company is a leading distributor of Pharmaceutical, Veterinary, Food and Personal Care speciality chemical ingredients in South Africa, IMCD said in the announcement. The company has 27 employees and generated revenues of EUR 11.7 mn in 2019. It represents producers from Europe and Asia.

 

Closing of the transaction is subject to a regulatory review. It is expected for December 2020. The company will continue with its present management and staff.

 

No financial details were disclosed on this transaction.

 

Source: IMCD press release

 

HGE – DCG / 04.09.2020

Omya forms Joint Venture with Idwala in South Africa

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Switzerland-based Industrial Minerals Producer and Specialty Chemicals Distributor expands Activities on African Continent

Globaly active industrial minerals producer and specialty chemicals distributor Omya International AG (Oftringen, Switzerland)  announced that it has forme a Joint Venture (“JV”) with Idwala Industrial Holdings Ltd. (Randburg (Johannesburg), South Africa), a producer  and supplier of Limestone, Lime and Calcium Carbonate.

 

The new company, Omya Idwala S.A. will have offices in Johannesburg, Durban and Cape Town. It will offer a portfolio of Calcium Carbonate and Specialty Chemicals to customers in South Africa. Natasha De Lange has been named General Manager of the new entity. 

 

Source: Omya press release

 

HGE – DCG / 11.02.2020