Further Addition to Pharmaceuticals Business Group of IMCD
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) announced last week that it has signed an agreement to acquire the pharmaceutical business of Peak International Products B.V. [“Peak International”] (Eerbeek, The Netherlands), a distributor for Active Pharmaceutical Ingredients (“API”) selling in the Benelux region, Vietnam, Germany and Israel.
The business within the scope of the transaction generated revenues of approx. EUR 5.8 mn in 2019. It will be integrated into IMCD’s Business Group Pharmaceuticals, the company said in a statement. No further financial details were disclosed on the transaction.
Source: IMCD press release
HGE – DCG / 10.11.2020
Netherlands-based Life Science Ingredients Distributor enhances its Activities in “Taste & Nutrition”
Life science ingredients distributor Barentz International N.V. (Hoofddorp, The Netherlands) announced that it has acquired two Dutch spice specialists, Royal Polak Spices (J.S. POLAK Koninklijke Specerijenmaalderij B.V.) and De Weerd Spicerijen B.V. (Steenwijk, The Netherlands) for an undisclosed amount.
Royal Polak is Europe’s leading business-to-business for Cinnamon, Bartetz said in the announcement. De Weerd is focused on natural taste development for the Meat, Snack and Vegetarian sub-sector. The businesses are complementary to the existing activities of Barentz. Jac Sars, previous owner of the two companies, has become a Board Member of Barentz Group and a Strategic Advisor.
No further financial details were disclosed on the transaction.
Source: Barentz press release
HGE – DCG / 10.09.2020