Blockbuster IMCD China acquires Dike to accelerate the growth of the personal care market

Rotterdam, the Netherlands (December 6, 2021) -IMCD NV ("IMCD" or "Company") , theworld's leading distributor of specialty chemicals and ingredients, today announced that IMCD China has signed an agreement to acquire Shanghai Dike Fine Chemical Co.

IMCD China Managing Director Andreas Igerl (left) and Dico founder and general manager Yu Min (right)

Managing Director of IMCD China

The personal care market is an integral part of IMCD China's growth strategy

This acquisition allows us to accelerate our growth momentum by increasing suppliers while maintaining organic growth

The newly-added Shanghai laboratory is fully equipped so that we can use formula expertise to provide added value to our customers

Dico was established in 2003 and is the agent of many world-class leading suppliers in China

With a team of 25 people, Dike provides professional marketing, technical support and professional formulation solutions for China's personal care, cosmetics and home care industries

Yu Min

Founder and General Manager of Dico

We are very happy to join IMCD
.

Similar to IMCD, we adhere to the service-oriented approach and provide innovative solutions for customers and partners
.

With the help of IMCD's global network and resources, we will achieve sustainable development and common progress in the personal care market
.

The transaction is expected to be completed within the next five weeks
.