The transaction will take place in two tranches, with IMCD now acquiring 70% of Megasetia’s share capital and the remaining 30% in 2025. The management of Megasetia will continue to lead the company post completion of the first tranche.
Founded in 1995, Megasetia is the leading distributor of speciality ingredients for the pharmaceuticals industry in
“Indonesia is South East Asia’s largest economy and this acquisition provides excellent growth opportunities to strengthen IMCD’s positioning in the life science segments. In addition, it enables us to enhance our offering to local customers and partners,” said Haiko Zuidhoff, Vice President of IMCD APAC.
“We are delighted to be part of IMCD’s global network. We are confident that our life science portfolio will complement their offering to customers and suppliers,” commented Suryani Hartoyo, President Director of Megasetia. “Our culture of growth through market knowledge, technical innovation, and high level of services, is very well aligned with IMCD’s strategy,” concluded Hartoyo.
The closing of the transaction is expected to take place in
Attached, please find a pdf format of the press release, the main picture, and its caption.
Attachments
- Photo - IMCD Indonesia strengthens its life science portfolio with the acquisition of PT Megasetia Agung Kimia
- Photo Caption - IMCD Indonesia strengthens its life science portfolio with the acquisition of PT Megasetia Agung Kimia
- Press Release - IMCD Indonesia strengthens its life science portfolio with the acquisition of PT Megasetia Agung Kimia
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