| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Condiments & Ingredients » Ingredients » Topic

IMCD acquires Capitol Ingredients in Australia and New Zealand

Zoom in font  Zoom out font Published: 2013-08-05  Views: 21
Core Tip: IMCD Group B.V. has completed the acquisition of Capitol Ingredients Australia Pty Ltd, a Sydney headquartered speciality ingredients distributor focused on the nutraceuticals, personal care, food and pharmaceutical markets.
IMCD Group B.V. has completed the acquisition of Capitol Ingredients Australia Pty Ltd, a Sydney headquartered speciality ingredients distributor focused on the nutraceuticals, personal care, food and pharmaceutical markets of Australia and New Zealand. Capitol Ingredients will be consolidated with staff from the IMCD Personal Care team and will run as a separate division of IMCD ANZ.

Both Capitol Ingredients and IMCD are confident that this development will significantly benefit their customers and suppliers as the joined companies will be able to offer a broader product range, greater local market coverage and further technical support.

The laboratory facility that Capitol Ingredients currently offers will continue to support the Capitol Ingredients/IMCD business. Operated by a PhD qualified, technical & formulation expert, this facility will continue with development work and will enable customers to test the performance of their formulations.

IMCD ANZ will now have two laboratories; one from Capitol Ingredients and one supporting the recent acquisition of Muskvale (2012) which targets the flavour, essential oils and fragrance markets. This makes IMCD ANZ the only distributor in these markets with such extensive facilities.

Mr Fred Johnson, founder of Capitol Ingredients, comments: “We are very excited to have the opportunity to join forces with such a reputable international player like IMCD as it will enable us to strengthen our presence in the market through expanding our current network and gaining additional leading suppliers”.

Mr Rene den Hertog, Managing Director IMCD Australia New Zealand, adds: “This is an important step for IMCD as the acquisition will bring a significant number of new principal partners into the IMCD business. In addition, our marketing and sales resources will be increased for stronger market penetration and extended support for our customers.”
 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)