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IMCD’s growth story solidifies with the envisaged acquisition of Siyeza in South Africa

Written by Customer Service on . Posted in Public Companies.

ROTTERDAM, The Netherlands (1 September 2020) – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announces that it has successfully signed an agreement to acquire 100% of the shares in the South African distributor Siyeza Fine Chem Propriety Limited (“Siyeza”).Siyeza, based in Johannesburg, was founded in 2007 and is a leading distributor of pharmaceutical, veterinary, food, and personal care speciality chemical ingredients in South Africa. The company has 27 employees and generated a revenue of €11.7 million in 2019 through its representation of world-leading producers from Europe and Asia.The closing of the transaction is subject to customary regulatory review and is expected in December 2020.– xxx –About IMCD N.V.
 IMCD is a market leader in the sales, marketing, and distribution of speciality chemicals and food ingredients. Its result-driven professionals provide market-focused solutions to suppliers and customers across EMEA, Asia-Pacific, and Americas, offering a range of comprehensive product portfolios, including innovative formulations that embrace industry trends.To find out more about IMCD, please visit www.imcdgroup.com.Attached, please find the press release.Media contact
IMCD Group                                                                
Maribel Rodriguez
Senior Group Communications Manager
+31 6 1479 6610                                              
mediarelations@imcdgroup.com              AttachmentIMCD acquires Siyeza in South Africa

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