IMCD expands presence in the United States
IMCD N.V., a leading distributor of speciality chemicals headquartered in the Netherlands, has signed an agreement to acquire the speciality chemicals distribution business of Bossco Industries Inc.
Bossco Industries was established in 1989 and is a distributor of speciality chemicals, supplying products and technical solutions to all major industrial market segments in the southwestern region of the United States. Located in Houston, Texas, Bossco Industries generated revenue of USD11 million in 2016.
Completion in July 2017
After completion of the transaction, expected at the beginning of July 2017, the business will be integrated within IMCD US with Edward Boss becoming a senior member of the IMCD management team. Edward Boss, President of Bossco Industries sees an excellent fit with IMCD adding that, “IMCD shares our vision of offering technical solutions to our customers and a transparent, growth focused partnership with our principal partners.”
Strengthening IMCD US
John Mastrantoni, President of IMCD US adds, “The acquisition of Bossco Industries will further strengthen IMCD US and our ability to offer national coverage to our principal partners.” IMCD delivers, among others, customised services and solutions to the coatings, paints, construction, adhesives and inks industries such as additives, fillers, pigments, resins and specialty solvents.
