IMCD acquires Blumos Group to accelerate its growth in the life science markets in Latin America
October 17 2024 - 12:00AM
UK Regulatory
IMCD acquires Blumos Group to accelerate its growth in the life
science markets in Latin America
ROTTERDAM, The Netherlands (17 October 2024) –
IMCD N.V. (“IMCD” or “Company”), a global leading distributor of
speciality chemicals and ingredients, today announces that it has
signed an agreement to acquire 100% of the shares in Importadora y
Distribuidora Blumos SpA, Transportes Blumos SpA, Comercial e
Industrial Solutec SpA, all in Chile, Sonutra Blumos SAC in Peru
and Blumos S.A. in Argentina (jointly the “Blumos Group”).
Established in 1945 and headquartered in Santiago, Chile and
with operations also in Peru and Argentina, Blumos Group
distributes a comprehensive portfolio of specialty ingredients and
chemicals for the food, pharmaceutical, and industrial markets
across Latin America. The Blumos Group represents leading global
suppliers with a wide range of specialty products and offers
in-depth formulation expertise supported by a number of application
laboratories. IMCD welcomes approximately 160 employees to its
organization.
“The Blumos Group is a perfect cultural and strategic fit with
IMCD. Through the strong and complementary supplier and customer
relationships fostered by Blumos over the years, IMCD is poised to
further expand its business in Latin America” said Nicolas
Kaufmann, Latin America President, IMCD.
“Blumos has built a legacy of almost 80 years distributing
specialty chemicals and is also recognized as a leading
solution-provider for clients in the region. IMCD is the perfect
partner to help continue our growth. Our pursuit of excellence and
commitment to innovation fit very well with IMCD’s values. This
partnership will help our team to provide even more comprehensive
solutions for our customers. We are very pleased and excited to
join IMCD,” comments Roberto Blum, CEO of Blumos Group.
The closing of the transaction is subject to customary
(regulatory) closing conditions and is expected to take place in
the fourth quarter of 2024.
Attached, the press release in PDF format, the main image, and
the photo caption.
- Photo caption_IMCD acquires Blumos Group to accelerate its
growth in the life science markets in Latin America
- PR_IMCD acquires Blumos Group to accelerate its growth in the
life science markets in Latin America
- Photo_IMCD acquires Blumos Group to accelerate its growth in
the life science markets in Latin America
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