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IMCD to accelerate food & beverage growth in Iberia with strategic acquisition of Ferrer Alimentación
Globenewswire· 2025-06-06 06:00
Core Insights - IMCD N.V. has signed an agreement to acquire 100% of the shares in Ferrer Alimentación, S.A. and Medir Ferrer Y Compañía, S.A. [1] Company Overview - Ferrer Alimentación, founded in 1955, is a leading distributor of food and beverage ingredients in Iberia, recognized for its strong market presence [2] - The company serves a diverse customer base across various sectors including bakery, dairy, beverages, meat, and specialized nutrition [2] - Ferrer Alimentación reported annual revenues of approximately EUR 112 million in the financial year 2024, with a team of 37 employees [3] Strategic Fit - IMCD and Ferrer Alimentación share similar visions and cultural values, positioning them as an ideal match to address future challenges [4] - The acquisition is expected to enhance IMCD's portfolio, customer network, and understanding of food markets, unlocking new opportunities for both companies [4] Transaction Details - The transaction is subject to customary closing conditions and is anticipated to close in June 2025 [4]