January 6 2020, David R Brown
Caldic acquires Malaysian specialty chemicals distributor DCM Asia
Caldic B.V. has announced the acquisition of DCM Asia, a prominent distributor of specialty chemicals in Malaysia. The agreement underlines Caldic's ambition to become a leading specialty chemicals provider in Southeast Asia.
We are very pleased with the acquisition of DCM ASIA that will further strengthen our position in the Asia Pacific regionWilco Langschmidt
CEO at Caldic Asia-Pacific
Established in 1987, DCM Asia provides specialty chemical solutions to customers operating in the Coating & Construction, Plastics & Rubber, Personal Care, Home Care and Food & Nutrition industries in Malaysia and Southeast Asia. DCM Asia comprises 3 companies: DCM Industrial Sciences Sdn Bhd, DCM Life Sciences Sdn Bhd and Erapoly Marketing Sdn Bhd.
“We are very pleased with the acquisition of DCM ASIA that will further strengthen our position in the Asia Pacific region,” says Wilco Langschmidt, CEO at Caldic Asia-Pacific. “With DCM Asia on board, I am confident that together we will successfully bring many value-added solutions to customers and grow the market for our suppliers and partners.”
Deek Sern Lee, CEO of DCM Asia adds: “Our goal has always been to forge strong relationships with our partners and provide innovative, creative and bespoke solutions. Caldic's full-service specialty strategy perfectly reflects our vision for the future, so we are very happy to become part of Caldic. It means both our customers and employees will benefit from Caldic's global network and capabilities.”
The acquisition of DCM ASIA strengthens Caldic's position in Southeast Asia extending their geographic coverage to Malaysia. Caldic already has offices/facilities in Thailand and Vietnam as well as Shanghai, China and New Zealand.
Caldic is a full-service distributor engaged in the production and distribution of solutions in Food, Industrial-, and Health & Personal Care markets. With entities in Europe, North America and Asia-Pacific, its strengths lie in its global network combined with local expertise, giving the flexibility to answer local needs and build domestic partnerships. Operating with in-house warehouses, production facilities, test centers, and technical expertise, the company provides tailored solutions that contribute to customers' business successes.
Source(s): Caldic Press Release