IMCD N : acquires VitaQualy Comercio de Ingredientes
August 24, 2020 at 07:32 am EDT
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'The acquisition of VitaQualy aligns with our company's global Food & Nutrition strategy to offer trend-based solutions and the distribution of speciality ingredients around four main pillars - taste, texture, nutrition and function,' said Nicolas Kaufmann, Managing Director, IMCD Brasil. 'As a reputable distributor of flavors and ingredients, VitaQualy strengthens IMCD Brasil's expertise and product portfolio in the taste category of our business. The synergies between IMCD and VitaQualy will create opportunities to develop our offering to suppliers and customers, while further strengthening our foothold as a speciality distribution leader in Brazil.'
Based in São Paulo, Brazil, VitaQualy has an asset light business model and holds long-term customer and supplier relationships as an ingredient distributor to the food, nutrition, pharmaceuticals and nutraceuticals markets. In 2019, VitaQualy generated a revenue of BRL 26 million and adds eight employees to the IMCD Brasil team. The company will be fully integrated into IMCD's organisation in 2021.
'VitaQualy has a 20-year history of serving the industry with tenacity and professionalism,' said Alice Salgado, Owner, VitaQualy. 'We are pleased to continue our company's lifework as part of a trusted global leader that aligns with our core principles and boosts our capabilities to better serve our valued customers and suppliers.'
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IMCD NV published this content on 19 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2020 11:32:28 UTC
IMCD N.V. is one of the world's leaders in the distribution of specialty chemicals and food ingredients. The group's activity is organized primarily around 8 markets:
- house cleaning and maintenance products and textile products: surfactants, abrasives, bleaching agents, dyes, solubilizing agents, functional additives, etc.;
- pharmaceutical products: excipients, active pharmaceutical ingredients, solvents, formulation intermediates and chemical synthesis, etc.;
- personal care products: dyes, rheology modifiers, active and functional and sensory ingredients, sunscreen agents, antioxidants, exfoliants, preservatives, etc.;
- coating products: additives, pigments, resins and special solvents;
- nutritional and food products: acids, emulsifiers, oils, fibers, preservatives, sweeteners, enzymes, plant extracts, etc.;
- lubricants: additives, silicone derivatives, esters, corrosion inhibitors, markers, surfactants, etc.;
- chemical products synthesis: monomers, catalysts, reactive diluents, solvents and additives;
- plastic products: mixers, thermoplastic elastomers, polyurethanes, composite materials, etc.
Net sales break down geographically as follows: the Netherlands (1.5%), Europe/Middle East/Africa (42.2%), Asia/Pacific (24.5%), North America (22.3%), and Latin America (9.5%).
IMCD N.V. 
