IMCD N : to divest its Nutri Granulations Business
March 09, 2021 at 05:49 am EST
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'Huber is an important supplier partner for IMCD and we are delighted to reach an agreement on the sale of Nutri Granulations,' says Marcus Jordan, Americas President, IMCD. 'HEM is a favorable long-term fit for Nutri Granulations and this agreement aligns with IMCD's strategy to focus on the sales, marketing and distribution of speciality chemicals and ingredients.'
Located in La Mirada, CA, with 22 employees, Nutri Granulations manufactures food grade and USP grade calcium carbonate granulations for the nutraceuticals, food, over-the-counter and pharmaceuticals markets. It was acquired by IMCD as part of the HORN acquisition in 2018.
'We are thrilled to add Nutri Granulations to our portfolio because their reputation for quality, reliability and customer focus aligns perfectly with ours,' adds Matt O'Brien, Senior Vice President and General Manager for HEM's Ground Calcium Carbonate strategic business unit. 'Also, adding an additional manufacturing site will support supply security and business continuity for our customers.'
The closing of the transaction is planned for the end of March 2021.
To read the full press release, please click on the link below:
PRESS RELEASE_IMCD to divest its Nutri Granulations Business to J.M. Huber Corporation
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IMCD NV published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 10:48:04 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. 
