Distributor IMCD acquires Ethnichem in South Africa

Distributor IMCD acquires Ethnichem in South Africa

4:33 PM, 5th July 2011
Distributor IMCD acquires Ethnichem in South Africa

 

ROTTERDAM, THE NETHERLANDS: IMCD Group has acquired South African, Ethnichem. The acquisition will allow IMCD to further entrench its position in personal care and pharmaceutical sectors. All of Ethnichem staff will be moving over to IMCD. The acquisition is effective 1 July, 2011.

“IMCD is constantly looking to strategically expand its operations. In South Africa, we started looking at local companies with a good name in the industry. Ethnichem’s strength in two sectors perfectly complements IMCD,” said Mark Hepburn, Managing Director of IMCD South Africa. Personal care is one of IMCD Group’s focus markets with strong presence in all major European countries as well as increasing presence in Asia-Pacific.

“This move will allow us access to better resources and to be able to supply our customers with all the benefits that come from being part of an internationally recognised company. We can provide our customers with an entire package, from ingredients to formulations, using the laboratories and research IMCD Group can offer. The laboratory facility that Ethnichem currently offers will also be brought under IMCD,” said Alan Rahme, Owner and MD, Ethnichem. Rahme will lead IMCD’s personal care business in South Africa.

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