IMCD N : to acquire the API business of Peak International
November 05, 2020 at 11:57 am EST
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Peak International is a Dutch-based distributor in the active pharmaceutical ingredients ('API') business for Benelux, Vietnam, Germany and Israel. The Peak pharmaceutical business generated a revenue of approx. € 5.8 m in 2019.
Lodewijk Mellema, Managing Director IMCD Benelux, comments: 'With this acquisition IMCD expands its active pharmaceutical ingredients business primarily in Benelux and Vietnam and strengthens our company's formulation and marketing synergies between active pharmaceutical ingredients and excipients in those regions'.
Erik van den Sigtenhorst, CEO Peak International, adds: 'I am excited about the prospective of coupling Peak's position in active pharmaceutical ingredients with IMCD's geographic coverage, laboratory network and excellence in distribution of excipients. Our existing and future partners will be able to benefit from a significantly increased network within the pharmaceutical industry''.
The acquired business will be integrated into IMCD Business Group Pharmaceuticals.
For further questions, please reach out to our Media Relations team.
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IMCD NV published this content on 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 16:56:07 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. 
