ROTTERDAM, THE NETHERLANDS: IMCD N.V. announced that IMCD Brasil has signed an agreement to acquire 100% of the shares of Polyorganic Tecnologia Ltda.
“Polyorganic’s technical capabilities, market expertise and strong product portfolio are an excellent fit with IMCD and complements our growing presence in the HI&I market,” said Nicolas Kaufmann, Managing Director, IMCD Brasil.
“Sanitation and infection control have undoubtedly experienced a sharp increase in demand over the past two years. The addition of Polyorganic to IMCD Brasil will allow us to accelerate growth, plus offer more solutions to help manufacturers keep up with market trends and demand. We are proud to welcome Polyorganic to IMCD and together, deliver stronger customer support and technical expertise.”
Headquartered in São Paulo, Brazil, Polyorganic was established in 1993 and has become an industry-leading household, industrial and institutional (HI&I) distributor in the country.
While the majority of its business is in the HI&I industry, Polyorganic is also a reputable distributor for the water treatment industry and other industrial markets. In 2021, the company generated a revenue of approximately EUR 12 million.
“Joining IMCD is a great new chapter for Polyorganic’s history,” said Mauro Majerowicz, Owner, Polyorganic.
“With complementary portfolios and business models, the coming together of our two companies will not only be advantageous for our companies, but also for the partners and customers we serve.”
Further advancing its market expertise, Polyorganic is ISO 9001 and ISO 14001 certified, adds 23 employees to the IMCD Brasil team, plus a HI&I laboratory located in Diadema, Brazil, which provides troubleshooting and formulatory support to customers’ research and development teams.
The closing of the transaction is expected to take place in February 2022.
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