Skip to main content

IMCD Singapore and Vietnam are poised for growth with the acquisition of Brylchem Group

Written by Customer Service on . Posted in Mergers And Acquisitions.

Photo – IMCD Singapore and Vietnam are poised for growth with the acquisition of Brylchem Group

Photographed from left to right:- Fenna van Zanten, M&A Director of IMCD Group- Daan Roebbers, Regional Director Expansion, Strategy, and Digitalisation of IMCD APAC - Tan Seng Kung, Founder & Managing Director of Brylchem Group- Ang Bee Suan, Director of Brylchem Group- Andreas Igerl, President of IMCD APAC- Shellen Chua, General Director of Brylchem Group
Photographed from left to right:- Fenna van Zanten, M&A Director of IMCD Group- Daan Roebbers, Regional Director Expansion, Strategy, and Digitalisation of IMCD APAC – Tan Seng Kung, Founder & Managing Director of Brylchem Group- Ang Bee Suan, Director of Brylchem Group- Andreas Igerl, President of IMCD APAC- Shellen Chua, General Director of Brylchem Group

ROTTERDAM, The Netherlands (June 16, 2023) – IMCD N.V. (“IMCD” or “Company”), a global leading distribution partner, formulator of speciality chemicals and ingredients, and expert solutions provider today announces that IMCD has signed an agreement to acquire 100% of the shares of the speciality distribution company Brylchem Pte Ltd and the business of Chemipac Pte Ltd., and CMS Marketing Trading Co., Ltd in Vietnam (“jointly Brylchem Group”).

Brylchem Group was founded in Singapore in 1992, offering a wide range of products in the coatings, construction, advanced materials, agrochemical, home care and industrial cleaning, feed and veterinary, and lubricants industries for the Singapore and Vietnam markets. It represents leading global suppliers providing its customers with an extensive portfolio backed by technical and commercial excellence. With approximately 50 employees in Singapore and Vietnam, Brylchem Group generated a revenue of approximately SGD 85 million (ca. EUR 58 million) in 2022.

“Brylchem Group provides IMCD with an excellent gain in foothold, given their strong presence in the highly dynamic and vibrant Singaporean and Vietnamese markets,” remarked Daan Roebbers, Regional Director of Expansion, Strategy, and Digitalisation at IMCD APAC. “This is a momentous milestone with it being the first acquisition for Vietnam and a vital opportunity for our business expansion into new markets for both countries.”    

“My team and I built up the company over the last 31 years with lots of passion and excitement, and finally, I found the right partner to continue the legacy and lead my team to the next level,” commented Tan Seng Kung, Founder and Managing Director of Brylchem Group.

The closing of the transaction is expected to take place in the fourth quarter of 2023.

Attached, the press release in pdf format, the main visual, and the photo caption.

Attachments

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.