Tuesday, 02 January 2024 12:17 GMT

IMCD acquires the business of food ingredient distributor Matrix Ingredients in Singapore and Malaysia Amsterdam Stock Exchange:IMCD


(MENAFN- GlobeNewsWire - Nasdaq) IMCD acquires the business of food ingredient distributor Matrix Ingredients in Singapore and Malaysia
ROTTERDAM, The Netherlands (30 August 2019) – IMCD N.V. ('IMCD' or 'Company'), a leading distributor of speciality chemicals and food ingredients, announces today that it acquires the food distribution business of Matrix Ingredients Pte. Ltd., Maxim Ingredients International Pte. Ltd. and Matrix Ingredients Sdn. Bhd. (hereafter together 'Matrix Ingredients'), in Singapore and Malaysia, which is integrated into IMCD's existing organisation.

Established in 2002, Matrix Ingredients provides ingredients, technical services and formulation advice in the savoury and processed meat segment in both Singapore and Malaysia markets. In 2018, Matrix Ingredients generated revenue of SGD 6.5 million.


Attachment



  • PRESS RELEASE_IMCD acquires Matrix Ingredients

  • MENAFN3008201900703653ID1098943815



    GlobeNewsWire - Nasdaq

    Legal Disclaimer:
    MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

    Search