October 30 2017, David R Brown
Caldic expands in the UK with the acquisition of specialty chemicals distributor, Elastomerics Limited
Global chemical distributor Caldic B.V. has announced it is to acquire Elastomerics Limited, a specialty chemicals distributor based in Macclesfield, UK, through its subsidiary, Caldic UK Ltd. Elastomerics specialises in the distribution of polymers and additives to the Coatings, Plastics & Rubber, and Adhesives & Sealants industries and the acquisition will strengthen Caldic's product portfolio and service capabilities in the UK.
The Elastomerics product portfolio perfectly complements our existing business by expanding our speciality product offering and gives us a much stronger presence in our focus marketsPhilip Robinson
Managing Director of Caldic UK Limited
“The Elastomerics product portfolio perfectly complements our existing business by expanding our speciality product offering and gives us a much stronger presence in our focus markets”, says Philip Robinson, Managing Director of Caldic UK Limited. “Whilst we already have business in these markets, this acquisition enables us to offer a comprehensive portfolio to our customers, backed up by the excellent service and technical expertise of the Elastomerics team”.
Gordon Cook, former owner and Managing Director of Elastomerics Limited, adds: “I am delighted to have reached this agreement with Caldic. The customer focus and service orientation of both companies make it a perfect fit, and I am confident that the business will continue to go from strength to strength under Caldic's leadership”.
In the UK, Caldic has a strong presence in base chemicals, which are being supplied from its distribution centres in Chesterfield (Derbyshire) and Melton Mowbray (Leicestershire). Caldic UK also has established Speciality Chemicals and Food Ingredients Divisions and also offers solutions in Health and Personal Care, Refinery Chemicals, and other Industrial markets.
About Caldic UK Ltd
Caldic UK Limited, which has its Head Office in Chesterfield (Derbyshire, Great Britain), is a wholly-owned subsidiary of Caldic B.V., a specialty chemicals distributor headquartered in Rotterdam. The Caldic group, which was established in 1970, has sales revenue in excess of €800 million, operates 42 sites in 17 different countries spread across Europe, Asia and North America and counts approximately 1100 employees. The group has a strong presence in Food Ingredients and Speciality chemicals, as well as Industrial chemicals.
About Elastomerics Ltd
Founded in 1981 by Gordon Cook, Elastomerics specialises in the distribution of polymers and additives to the rubber, plastics, coatings and adhesives & sealants industries. The company had revenues of over EUR 25 million in 2016 and 11 employees.
Source(s): Caldic Press Release