The IMCD Group B.V. have announced that they have signed an agreement to acquire the agency business of Stockholm-based Jucker Pharma, a well established distributor of raw materials to the Nordic pharmaceutical industry. The acquisition will add number of new principals and customers to the Group within the Active Pharmaceutical Ingredients (API's) area.

">

News Article 2014

 Home / News / 2014

May 12 2014, David R Brown

IMCD to acquire Jucker Pharma's API agency business based in Sweden

The IMCD Group B.V. have announced that they have signed an agreement to acquire the agency business of Stockholm-based Jucker Pharma, a well established distributor of raw materials to the Nordic pharmaceutical industry. The acquisition will add number of new principals and customers to the Group within the Active Pharmaceutical Ingredients (API's) area.

Jucker Pharma holds a very strong position within the API market and is therefore a great complement to IMCD's pharma business

Didrik von Porat
Managing Director IMCD Sweden

Jucker Pharma also produces a limited range pharmaceutical intermediates and this business will continue to operate in a limited capacity in fields outside of IMCD's core distribution business. The transaction is expected to be completed on 31 May 2014. Established in 1948, Jucker Pharma is primarily active in the Nordics and Baltics employing four members of staff including owner and Managing Director Christian Jucker.

Didrik von Porat, Managing Director IMCD Sweden, comments: “Corresponding with IMCD Pharma's strategy to further expand into APIs in Europe, the acquisition of Jucker Pharma's agency business will ensure a greater product offering to IMCD's customers. Jucker Pharma holds a very strong position within the API market and is therefore a great complement to IMCD's pharma business, presenting a platform for future growth.”

Christian Jucker adds: “Having been in discussions with IMCD for some time, we are infinitely confident in the success of this acquisition. IMCD is viewed as the most natural fit due to its international reputation and its comprehensive coverage of the additive and excipient markets bringing a more balanced portfolio.”

About IMCD Group
IMCD Group B.V. is a market-leader in sales, marketing and distribution of speciality chemicals and food ingredients through a network of offices and warehouses located in Europe, Asia Pacific and Africa. Headquartered in Rotterdam, The Netherlands, IMCD had a turnover of around €1.4Bn in 2012 and employs in excess of 1250 professionals in 39 countries.

Source(s): IMCD Press release

Further Information

Visit: http://www.imcdgroup.com