IHS Chemical Week

People & Business :: M&A

IMCD acquires Indian pharma ingredients distributor Indchem International

2:10 AM MST | February 20, 2013 | Natasha Alperowicz

IMCD (Rotterdam), a fast-growing distributor of specialty chemicals, pharma, and food ingredients, has acquired Indchem International (Mumbai), an established player in the Indian pharma ingredients market, the company announced today. IMCD says its pharmaceuticals business is one of the leading excipients players in the world and the company views India as an important growth market for its products. Financial details were not disclosed. Indchem has represented a number of major excipient manufacturers over the last two decades with a goal of providing Indian...

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