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IMCD buys in South Africa and Brazil

Global chemical distributor IMCD has made two further acquisitions to expand its presence in South African distributor Siyeza Fine Chem and VitaQualy of Brazil. Terms were not disclosed in either case.

Johannesburg-based Sizeya was founded in is active in pharmaceutical, veterinary, food and personal care speciality chemical ingredients. It employs 27 people, who will remain with the firm and generated a revenue of €11.7 million in 2019. The deal will close at the end of 2020, subject to customary regulatory review.

IMCD acquires on three continents

Speciality chemicals distributor IMCD has made buys in North America, Europe and Asia in the space of four days. It has completed the previously announced acquisition of Horn in the US, plus DCS Pharma in Switzerland and a majority stake in South Korean Whawon Pharm.
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