IMCD Colombia expands into new markets through the acquisition of Siliconas y Químicos
14 Mai 2021 - 8:00PM
IMCD Colombia expands into new markets through the acquisition of
Siliconas y Químicos
ROTTERDAM, The Netherlands (14 May 2021) – IMCD N.V.
(“IMCD” or “Company”), a leading distributor of speciality
chemicals and ingredients, today announces that IMCD Colombia
acquired the Colombian speciality distributor, Siliconas y Químicos
S.A.S. (“Siliconas y Químicos”).
“We are delighted to further expand our presence in Latin
America with the acquisition of Siliconas y Químicos,” said Marcus
Jordan, Americas President, IMCD. “The company’s strategy of being
‘Specialists in Specialities’ closely aligns with IMCD and its
expertise in personal care, coatings, silicones, and other
speciality industrial markets perfectly complements our existing
pharmaceuticals, food and nutrition business in Colombia.”
Based in Bogotá, Siliconas y Químicos has experienced steady
growth since its inception in 2000, generated a revenue of USD 9
million in 2020, and adds 25 employees to the IMCD Colombia team.
Siliconas y Químicos is ISO 9001:2015 certified and operates across
Colombia with strategic outsourced warehouse locations.
“It is an exciting time to be part of IMCD’s growth journey in
Latin America,” said Pilar Castellanos Pineda, General Manager,
Siliconas y Químicos. “I am very grateful to our former
shareholders for their support in developing a company built on
transparency, entrepreneurship, and partnership, with a focus on
talent development for the future. I look forward to providing our
customer and supplier partners an even broader offering, knowing
that we share these common core values with a leading global
distributor that is IMCD.”
The transaction will take place in two tranches, with IMCD now
acquiring 80% of Siliconas y Químicos’ share capital and the
remaining 20% in 2022.
Attached, please find the press release in pdf format.
- Press Release IMCD Acquires Siliconas y Químicos
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