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Yuanhe, established since 2003, is a specialty coatings, textile, and ink solution distributor for the China market.
June 17, 2021
By: KERRY PIANOFORTE
Editor, Coatings World
IMCD N.V., a distributor of speciality chemicals and ingredients, announced the acquisition of Shanghai Yuanhe Chemicals Co., Ltd. (“Yuanhe”) in China. Yuanhe, established since 2003, is a specialty coatings, textile, and ink solution distributor for the China market. It generated a revenue of €13.2 million in 2020 and adds 20 employees to the IMCD China team. This enhances the portfolio of IMCD China which serves the pharmaceutical, food and nutrition, plastics, and personal care industries.
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