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In its second North American acquisition this year, IMCD is to acquire Canadian and US specialty chemicals and ingredients distributor, L.V. Lomas. Financial terms were not disclosed but IMCD said it would fund the acquisition from available cash and existing bank facilities. Lomas represents IMCD’s first step into Canada and also boosts the Dutch group’s position in the US, following its recent purchase of Houston, Texas-headquartered Bossco Industries.
Original Article: IMCD Buys Canada’s L.V. LomasNEXT ARTICLE
Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...