Brief: Imcd Singapore And Vietnam Acquire Brylchem Group

VietNam Holding

16/06/2023 06:11

June 16 (Reuters) - IMCD NV  IMCD.AS :
    * IMCD SINGAPORE AND VIETNAM ARE POISED FOR GROWTH WITH THE
ACQUISITION OF BRYLCHEM GROUP
    * HAS SIGNED AN AGREEMENT TO ACQUIRE 100% OF THE SHARES OF
THE
SPECIALITY DISTRIBUTION COMPANY BRYLCHEM PTE LTD AND THE
BUSINESS OF CHEMIPAC PTE LTD., AND CMS MARKETING TRADING CO.,
LTD IN VIETNAM ("JOINTLY BRYLCHEM GROUP")
    * THE CLOSING OF THE TRANSACTION IS EXPECTED TO TAKE PLACE
IN THE
FOURTH QUARTER OF 2023
    * WITH APPROXIMATELY 50 EMPLOYEES IN SINGAPORE AND VIETNAM,
BRYLCHEM GROUP GENERATED A REVENUE OF APPROXIMATELY SGD 85
MILLION (CA. EUR 58 MILLION) IN 2022

Source text for Eikon:  ID:nGNE40cgts 
Further company coverage:  IMCD.AS 

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