The acquisition marks IMCD's debut in Central America and Peru.
IMCD N.V. recently announced its acquisition of Andes Chemical Corp. This acquisition marks IMCD's debut in Central America and Peru, expanding its presence in Latin America and throughout the Caribbean. The acquisition adds 43 employees to IMCD's Americas team, as well as a CASE innovation laboratory located in Miami that provides product and formulation support.
"Andes Chemical further strengthens IMCD's presence in the Americas region and opens exciting opportunities for development in countries new to our business," said Marcus Jordan, Americas president for IMCD. "Andes Chemical's focus on specialty chemicals and strength in a number of IMCD's core markets was an excellent fit and perfectly complements the presence we have in the region. We are delighted to welcome the Andes Chemical team to further enhance IMCD's Americas footprint and offering."