March 27 2024, David R Brown
IMCD Benelux expands its Personal Care presence in Benelux with the acquisition of Gova Ingredients
IMCD N.V., a leading global distributor of speciality chemicals and ingredients, have annouced that IMCD Benelux has acquired 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux region.
With its highly complementary product portfolio Gova further strengthens our position in the beauty and personal care market
Lodewijk Mellema
Managing Director of IMCD Benelux
Established in 1999 and headquartered in Hoogerheide, Netherlands, Gova provides an extensive portfolio of cosmetic actives and functional ingredients. Through its in-house application laboratory, it provides its customers with formulation and technical support. With 10 employees, Gova generated a revenue of approximately EUR 6 million in 2023. The company represents leading global suppliers and serves customers in the Benelux market.
“Gova is a well-recognized specialty distributor for the beauty and personal care market in the Benelux. With its highly complementary product portfolio it further strengthens our position in the beauty and personal care market,” comments Lodewijk Mellema, Managing Director of IMCD Benelux.
“We are pleased to become part of IMCD Benelux. As part of IMCD, Gova will continue to provide and improve the high level of support to our valued suppliers and customers. We look forward to leverage IMCD's capabilities and global network to create new business opportunities”, says Patrick Gonry, Managing Director of Gova Ingredients.
About IMCD N.V.
IMCD is a market-leader in the sales, marketing, and distribution of speciality chemicals and ingredients. Its result-driven professionals provide market-focused solutions to suppliers and customers across EMEA, Americas and Asia-Pacific, offering a range of comprehensive product portfolios, including innovative formulations that embrace industry trends.
Listed at Euronext, Amsterdam (IMCD), IMCD realised revenues of EUR 4,442.6 million in 2023 with nearly 4,736 employees in over 60 countries, working from 116 offices spanning 6 continents. IMCD's dedicated team of technical and commercial experts work in close partnership to tailor best-in-class solutions and provide value through expertise for around 60,000 plus customers and a diverse range of world class suppliers.
Source(s): IMCD Press Release
Further Information
Visit: https://www.imcdgroup.com