Established in 2007, ResChem specialises in resins, components and pigments to be used in inks, coatings, adhesives and development functions. ResChem represents main world suppliers that are complementary to IMCD’s portfolio. ResChem is headquartered in Sydney, Australia, generated a income of roughly AUD 25 million (ca. EUR 15 million) in 2023 with 15 staff and strengthens IMCD’s technical experience with an software laboratory primarily based in Sydney.
“We see regular progress within the coatings business in Australia and New Zealand with the development of progressive and sustainable options,” remarked Frank Schneider, World Enterprise Group Director, Coatings & Building. “With the becoming a member of of ResChem, we will leverage their complementary portfolio and technical capabilities to additional develop our footprint within the native markets,” concluded Schneider.
“It is a great alternative for our staff to hitch a number one multinational firm and the alternatives for development it gives. For our prospects and suppliers, we’ll proceed to offer and additional enhance the excessive stage of service they’re used to from ResChem,” stated Bruce Forder, Managing Director of ResChem Applied sciences.
The closing of the transaction is topic to customary closing situations and is anticipated to happen within the second quarter of 2024.
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