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December 21 2021, David R Brown

DKSH Performance Materials acquires HTBA's Spanish distribution business

DKSH has announced today the acquisition of the third-party distribution business of Spanish food and pharmaceutical ingredients producer and distributor HealthTech BioActives SL ("HTBA"). The transaction is in line with DKSH's strategy to increase its presence in specialty chemicals and ingredients distribution in Europe.

The acquisition of the distribution business of HTBA grants us deeper access to the attractive life sciences industries in Spain & Portugal

Thomas Sul and Natale Capri
Co-Heads Business Unit Performance Materials at DKSH

HTBA produces and distributes a range of value-added flavors and ingredients, additives, and intermediates to customers in the food, pharmaceutical, and personal care industry worldwide.

Thomas Sul and Natale Capri, Co-Heads Business Unit Performance Materials at DKSH, jointly said: “By acquiring the distribution business of HTBA, we obtain an attractive portfolio which is complementary to our established business, grants us deeper access to the attractive life sciences industries, and allows us to further leverage our existing food and pharma ingredients business in Spain and Portugal.”

The acquisition of the third-party distribution business of HTBA allows DKSH to broaden its supplier portfolio, thereby strengthening its position in the food and pharma ingredients industry on the Iberian Peninsula. The distribution business of HTBA generates net sales of approximately CHF 6 million at sound profitability and return on capital.

DKSH will be acquiring 100% of the distribution business and intend to fully integrate it into its existing operations in Spain and Portugal.

About DKSH
At DKSH, our purpose is to enrich people’s lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 32,450 specialists, generating net sales of CHF 10.7Bn in 2020.

The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and various industrial applications. With 48 innovation centers and regulatory support worldwide, we create cutting-edge formulations that comply with local regulations. With around 1,260 specialists, the Business Unit generated net sales of CHF 1.1Bn in 2020.

Source(s): DKSH Press Release

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