Tag Archives: Veterinary

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

Azelis to acquire Mexican Distributor Megafarma

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Entry into Latin America for Azelis with Acquisition in Mexico

Specialty chemicals and food ingredients distributor Azelis S.A. (Munsbach, Luxembourg) has announced that it has signed an agreement to acquire 100% of the outstanding shares of Megafarma S.A. de C.V. (Mexico City, mexico), a specialty chemicals distributor for the Pharmaceutical, Veterinary and Food Industries in all regions of Mexico

Megafarma was established in 1973. Besides its head office in Mexcio City, it has locations in Guadaljara and Monterrey.

No financial information was disclosed on the transaction, which is expected to close in the coming months.

Source: Azelis press release, Megafarma website

HGE – DCG / 18.12.2019