IMCD to acquire Tillmanns to further strengthen its presence in Italy

Core Insights - IMCD N.V. has signed an agreement to acquire 100% of the shares in Tillmanns S.p.A., enhancing its market presence in Italy and unlocking growth potential across industrial and food markets [1][4]. Company Overview - Tillmanns, founded in 1940 and headquartered in Milan, Italy, is a well-established distributor of specialty chemicals, serving key markets such as coatings, construction, food & nutrition, and water treatment [2]. - In 2024, Tillmanns reported annual revenues of approximately EUR 143 million and employs a skilled team of 78 people [3]. Strategic Fit - The acquisition of Tillmanns is a strategic fit for IMCD, as it increases scale and market presence in Italy, complementing IMCD's ambition to deliver value-driven solutions and technical support [4]. - Marcus Jordan, CEO of IMCD, emphasized that Tillmanns brings local expertise, a loyal customer base, and a strong growth platform in industrial, water, and food applications [5]. Financial Performance - IMCD reported revenues of EUR 4,728 million in 2024 and has over 5,100 employees [7].