Business
IMCD to acquire TECOM Ingredients to strengthen its offering in the food & nutrition market in Spain
Rotterdam, The Netherlands (16 May 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in TECOM Ingredients S.A. (“TECOM”). Founded in 1996 and headquartered in Molins de Rei, near Barcelona, Spain, TECOM is a recognised distributor of ingredients and additives to the food industry. The company is a trusted partner for customers active in the food and
About this update from Imcd N.v.
[{"type":"image","alt":"IMCD N.V.","displaySize":"","headline":null,"caption":"IMCD N.V.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":89,"url":"https://media.zenfs.com/en/globenewswire.com/ff750bd986efaff70c674f97cc8bcbad"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Uwdrx.Im8xqVo4BPYmuS4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/ff750bd986efaff70c674f97cc8bcbad","width":300,"height":89}},"lazy":false},{"type":"text","content":"Rotterdam, The Netherlands (16 May 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in TECOM Ingredients S.A. (“TECOM”).","length":289,"tagName":"p"},{"type":"text","content":"Founded in 1996 and headquartered in Molins de Rei, near Barcelona, Spain, TECOM is a recognised distributor of ingredients and additives to the food industry. The company is a trusted partner for customers active in the food and nutrition market in Iberia, developing innovative, high-quality solutions across a wide spectrum of applications, including savoury, bakery and pastry, dairy and plant-based beverages, confectionery, meat and ready meals, as well as health and nutrition.","length":484,"tagName":"p"},{"type":"text","content":"With a team of 16 employees, TECOM reported annual revenues of ca. EUR 18 million in the financial year 2024.","length":109,"tagName":"p"},{"type":"text","content":"“This acquisition enhances our presence in Iberia and expands our portfolio with ingredients that are highly complementary to our current offering,” said José Alcover, Managing Director of IMCD Iberia & Maghreb. “We’re thrilled to welcome a talented team with deep expertise in market-specific food applications.”","length":317,"tagName":"p"},{"type":"text","content":"Sixto Yañez, Commercial Director and Co-Founder of TECOM, commented: “Joining IMCD marks an exciting new phase in our journey. We are bringing together two companies that share a strong culture of innovation, service, and long-term partnerships. This step opens up new avenues for growth and will allow us to offer even greater value to our customers.”","length":352,"tagName":"p"},{"type":"text","content":"The transaction is subject to c...