News Article 2022

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February 10 2022, David R Brown

IMCD Brasil enhances its HI&I business with the acquisition of Polyorganic Tecnologia Ltda

IMCD N.V. ("IMCD"), a leading distributor of speciality chemicals and ingredients, has announced that its subsidiary, IMCD Brasil has signed an agreement to acquire 100% of the shares of Polyorganic Tecnologia Ltda ("Polyorganic"). The deal adds 23 employees to the IMCD Brasil team, plus a HI&I laboratory located in Diadema, Brazil, which provides troubleshooting and formulatory support to customers' research and development teams.

Polyorganic's technical capabilities, market expertise and strong product portfolio are an excellent fit with IMCD

Nicolas Kaufmann
Managing Director, IMCD Brasil

“Polyorganic's technical capabilities, market expertise and strong product portfolio are an excellent fit with IMCD and complements our growing presence in the HI&I market,” said Nicolas Kaufmann, Managing Director, IMCD Brasil. “Sanitation and infection control have undoubtedly experienced a sharp increase in demand over the past two years. The addition of Polyorganic to IMCD Brasil will allow us to accelerate growth, plus offer more solutions to help manufacturers keep up with market trends and demand. We are proud to welcome Polyorganic to IMCD and together, deliver stronger customer support and technical expertise.”

Headquartered in São Paulo, Brazil, Polyorganic was established in 1993 and has become an industry-leading household, industrial and institutional (HI&I) distributor in the country. While the majority of its business is in the HI&I industry, Polyorganic is also a reputable distributor for the water treatment industry and other industrial markets. The company is ISO 9001 and ISO 14001 certified. In 2021, the Polyorganic generated revenues of approximately EUR 12 million.

“Joining IMCD is a great new chapter for Polyorganic's history,” said Mauro Majerowicz, Owner, Polyorganic. “With complementary portfolios and business models, the coming together of our two companies will not only be advantageous for our companies, but also for the partners and customers we serve.”

The closing of the transaction is expected to take place in February 2022.

About IMCD N.V.
IMCD is a market-leader in the sales, marketing, and distribution of speciality chemicals and ingredients. Its result-driven professionals provide market-focused solutions to suppliers and customers across EMEA, Americas and Asia-Pacific, offering a range of comprehensive product portfolios, including innovative formulations that embrace industry trends.

Listed at Euronext, Amsterdam (IMCD), IMCD realised revenues of EUR 2,775 million in 2020 with nearly 3,300 employees in over 50 countries on 6 continents. IMCD's dedicated team of technical and commercial experts work in close partnership to tailor best-in-class solutions and provide value through expertise for around 50,000 customers and a diverse range of world class suppliers.

Source(s): IMCD Press Release

Further Information

Visit: https://www.imcdgroup.com