IMCD acquires Brylchem Group
IMCD has signed an agreement to acquire 100% of the shares of the speciality distribution company Brylchem and the business of Chemipac, and CMS Marketing Trading Co. in Vietnam (jointly “Brylchem Group”).
Brylchem Group was founded in Singapore in 1992, offering a wide range of products, among others in the coatings and construction industries for the Singapore and Vietnam markets. It represents leading global suppliers providing its customers with an extensive portfolio. With approximately 50 employees in Singapore and Vietnam, Brylchem Group generated a revenue of ca. EUR 58 million in 2022.
“Momentous milestone”
“Brylchem Group provides IMCD with an excellent gain in foothold, given their strong presence in the highly dynamic and vibrant Singaporean and Vietnamese markets,” remarked Daan Roebbers, Regional Director of Expansion, Strategy, and Digitalisation at IMCD APAC. “This is a momentous milestone with it being the first acquisition for Vietnam and a vital opportunity for our business expansion into new markets for both countries.”
Event tip
The new Pacific Coatings Show will bring together the whole supply chain in the Asia-Pacific region on October 18-20 in Jakarta, Indonesia. The show and conference will provide ample opportunity to network, make and nurture business contacts and benefit from exclusive coatings technology information updates.
