April 20 2023, David R Brown
IMCD strengthens its minerals and chemicals portfolio for the coatings and paper industry with the acquisition of ACM AB
IMCD N.V., a leading global distributor of speciality chemicals and ingredients, has announced that its Swedish subsidiary, IMCD Sweden has acquired 100% of the share capital of ACM AB, a distributor of minerals and chemicals.
This is a significant growth and synergy opportunity for us, as ACM brings extensive knowledge, technical expertise, and strategically important partnersSami Valkama
Managing Director IMCD Sweden
Established in 2007, ACM is mostly active within the coatings, adhesives, paper, plastics, rubber, and construction industries. Based in Sweden and serving a variety of industrial companies within the Nordic region, ACM generated a revenue of approx. EUR 13 million in 2022. The company has six employees that will become part of IMCD with this acquisition.
Sami Valkama, Managing Director IMCD Sweden, comments: “With this acquisition, IMCD Sweden expects to expand its activities within industrial applications. This is a significant growth and synergy opportunity for us, as ACM brings extensive knowledge, technical expertise, and strategically important partners. ACM's business concept is very similar to IMCD's and we are looking forward to serve our customers and principals with our strengthened organisation.”
“As owners of ACM, we are pleased to continue our company's journey as part of IMCD and boost our capabilities to better serve our valued customers and suppliers. ACM has been serving the Swedish industry with chemicals and minerals for over 15 years. Optimal customer value based on our core values of Availability, Knowledge, and Commitment, has been fundamental to our business”, said Bengt Wigermo, co-owner and Tommy Petersson, co-owner.
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 4,601 million in 2022 with nearly 4,323 employees in over 50 countries, working from 109 offices spanning 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 60,000 customers and a diverse range of world class suppliers.
Source(s): IMCD Press Release