IMCD Colombia increases its pharmaceuticals capabilities with the acquisition of Allianz
03 Mayo 2023 - 12:00AM
IMCD Colombia increases its pharmaceuticals capabilities with the
acquisition of Allianz
ROTTERDAM, The Netherlands (3 May 2023) – IMCD N.V.
(“IMCD” or “Company”), a leading distributor of speciality
chemicals and ingredients, today announces that it signed an
agreement to acquire 100% of the shares of Allianz Group
International S.A.S. (“Allianz”). Allianz is a distributor of
active pharmaceutical ingredients (API) serving the Colombian
market.
“Since entering the market in 2019 through the acquisition of a
pharmaceutical ingredients distributor, IMCD Colombia has become an
emerging leader in delivering speciality chemicals, ingredients and
formulatory solutions across all our core business segments in
Colombia,” said Pilar Castellanos, Managing Director, IMCD
Colombia. “We are pleased to continue expanding our expertise and
footprint in Colombia through Allianz’s wide portfolio of APIs.
This new addition will be instrumental in helping our customers and
partners drive marketplace innovation and reinforces our commitment
to increase our capabilities in supporting our customers and
partners.”
Established in 2002, Allianz is ISO 9001:2015 certified and
INVIMA certified for storage, sampling, dispensation, and
distribution of APIs to the Colombian market. As one of the first
Colombian companies to specialize in the distribution of APIs,
Allianz is committed to understanding the changing demands of the
pharmaceuticals industry, while offering solutions that adhere to
quality, service, regulatory and compliance trade standards.
“IMCD’s history and increasing reputation, especially throughout
Latin America, has been exciting to witness and now be a part of,”
said John Garzon, Chief Executive Officer, Allianz. “Joining IMCD
Colombia reflects our dedication to continue serving our customers
with quality service, logistics expertise and the expanded
resources and technical expertise that IMCD is known for.”
Headquartered in Bogota, Colombia, Allianz has 25 employees and
generated a revenue of approximately COP 31.0 billion in financial
year 2022 (approximately EUR 6.9 million). The closing of the
transaction is subject to customary closing conditions and is
expected to take place in May 2023.
Attached, please find the full press release in pdf format.
- PR_IMCD Colombia increases its pharmaceuticals capabilities
with the acquisition of Allianz
IMCD NV (EU:IMCD)
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