By: ICN Bureau
Last updated : March 06, 2018 8:18 pm
Strengthening its distribution capability in UK and Europe
Caldic UK has reached an agreement to acquire specialty chemicals distributor Elastomerics Limited. The completion of this agreement underlines Caldic’s customer focus, as it strengthens its product portfolio as well as service capabilities beyond its current activities in Great Britain.
“The Elastomerics product portfolio perfectly complements our existing business by expanding our speciality product offering and gives us a much stronger presence in our focus markets”, says Philip Robinson, Managing Director of Caldic UK Limited. “Whilst we already have business in these markets, this acquisition enables us to offer a comprehensive portfolio to our customers, backed up by the excellent service and technical expertise of the Elastomerics team”.
Explaining the strategic rationale behind the acquisition, Floris van Eijndhoven, Director Industrial, Health and Personal Care at Caldic B.V., comments: “Caldic already sits at the top table of chemical distributors; nevertheless, we are working on further strengthening our already well-established position, especially in Speciality Chemicals and Food Ingredients. Elastomerics is a perfect fit for the Caldic Group, strengthening our position in the UK for the key market sectors Coatings, Plastics, Rubber, Adhesives and Sealants. Our suppliers and customers will benefit from the combined expertise of both companies”.