IMCD acquires O&3, an industry leading innovative natural ingredients supplier
14 Julio 2023 - 12:00PM
IMCD acquires O&3, an industry leading innovative natural
ingredients supplier
ROTTERDAM, The Netherlands (14 July
2023) – IMCD N.V. (“IMCD” or “Company”), a global leading
distribution partner, formulator of speciality chemicals and
ingredients, and solutions provider today announces that IMCD UK
has acquired 90% of the shares in O&3 Limited (“O&3”), an
industry-leading supplier of speciality natural ingredients to the
global beauty and personal care markets.
Founded in 2018, harnessing decades of family
legacy within the sector, O&3 has established itself as a
global leader in the speciality natural ingredients sector. O&3
has delivered impressive growth since its inception via the
production, marketing, and formulation of an extensive range of
conventional and organic natural ingredients for the beauty and
personal care markets. With its expansive global supply chain,
O&3 also boasts a diverse client portfolio from notable indie
brands, through to major global brands, manufacturers, and
retailers.
O&3’s clear global growth ambitions, paired
with IMCD’s international scale and established infrastructure,
makes the two businesses an ideal fit. With 69 employees, across
its offices and facilities in Ripon (UK), Warka (Poland) and New
York (USA), O&3 generated revenue of approximately EUR 37
million in the financial year that ended on March 31, 2023.
“The activities of IMCD and O&3 are highly
complementary and will strengthen both companies. We share a
culture of being reliable partners to both suppliers and customers
by offering technical expertise and formulation support and
solutions for supply chain challenges,” said Paul Hanbury, Managing
Director IMCD UK.
“With its impressive track record for supporting
entrepreneurial businesses to further scale and fulfil ambitious
growth strategies, IMCD is the ideal cultural and strategic partner
for O&3. We, the co-founders, are incredibly proud of what
O&3 has achieved and are equally energised for the next chapter
with the wider IMCD team. Our vision to quickly expand our
global footprint whilst maintaining best-in-class ingredients and
service for our clients will continue to be our core focus.
We are absolutely confident that with O&3’s expertise in the
naturals sector and IMCD’s global infrastructure, this partnership
promises to be an incredibly exciting journey for the company, our
people and our wider stakeholders,” said Thomas Kerfoot, co-founder
& commercial director, O&3 Limited.
Attached, please find the full press release in
pdf format, the main visual, and the photo caption.
- main visual_IMCD acquires O&3, an industry leading
innovative natural ingredients supplier
- Photo caption_IMCD acquires O&3, an industry leading
innovative natural ingredients supplier
- Press release_IMCD acquires O&3, an industry leading
innovative natural ingredients supplier
IMCD NV (EU:IMCD)
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