IMCD will be able to expand its customer offering and accelerate the growth ambitions throughout the U.K. and Ireland.
The international provider of speciality chemicals and ingredients IMCD N.V has recently announced that its British subsidiary IMCD UK had acquired all the shares of Orange Chemicals
Ltd., a distributor of performance chemicals throughout the United Kingdom and Ireland.
“Orange Chemicals brings a highly complementary portfolio of suppliers, products and customers, in addition to excellent industry relationships, expertise and a proven track record of steady growth. Joining forces with Orange Chemicals will enable IMCD UK to expand its customer offering and consequently accelerate the growth ambitions throughout the UK and Ireland,” has stated Paul Hanbury, the managing director of IMCD UK.
Headquartered in Winchester, Orange Chemicals has been building an excellent industry reputation since its inception in 1976 – alongside a strong presence across the coatings and advanced materials industries and other industrial markets. The company generated a revenue of approximately €30 million in financial year 2022 and adds seven employees to the British team of IMCD.
“Joining IMCD is an exciting new chapter for Orange Chemicals and reinforces our commitment to delivering valuable connections between our customers and supply chain partners, as we have done for over 45 years. I am confident that our complementary portfolios and business models will be highly beneficial for our companies, but also for the principals and customers we serve,” has added John Millett, the managing director of Orange Chemicals.