IMCD : to acquire the speciality chemicals business of Bossco Industries Inc and expand its presence in the United States
May 19, 2017 at 01:10 am EDT
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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 11 million USD in 2016.
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.'
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 NV published this content on 19 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 May 2017 05:09:14 UTC.
Original documenthttps://www.imcdgroup.com/media/news/imcd-acquire-speciality-chemicals-business-bossco-industries-inc-and-expand-its-presence
Public permalinkhttp://www.publicnow.com/view/F8D3A2BA7293588E964B959365DC5A9A9F45D9C1
IMCD N.V. is one of the world's leaders in the distribution of specialty chemicals and food ingredients. The group's activity is organized primarily around 8 markets:
- house cleaning and maintenance products and textile products: surfactants, abrasives, bleaching agents, dyes, solubilizing agents, functional additives, etc.;
- pharmaceutical products: excipients, active pharmaceutical ingredients, solvents, formulation intermediates and chemical synthesis, etc.;
- personal care products: dyes, rheology modifiers, active and functional and sensory ingredients, sunscreen agents, antioxidants, exfoliants, preservatives, etc.;
- coating products: additives, pigments, resins and special solvents;
- nutritional and food products: acids, emulsifiers, oils, fibers, preservatives, sweeteners, enzymes, plant extracts, etc.;
- lubricants: additives, silicone derivatives, esters, corrosion inhibitors, markers, surfactants, etc.;
- chemical products synthesis: monomers, catalysts, reactive diluents, solvents and additives;
- plastic products: mixers, thermoplastic elastomers, polyurethanes, composite materials, etc.
Net sales break down geographically as follows: the Netherlands (1.5%), Europe/Middle East/Africa (42.2%), Asia/Pacific (24.5%), North America (22.3%), and Latin America (9.5%).
IMCD N.V. 
