# Iberchem Group acquires majority stake in South African flavours company Versachem

Iberchem Group has entered into an agreement to acquire a majority stake in Versachem, a South African flavours and colours company headquartered in Pretoria. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2018-05-07
- Where: Pretoria, South Africa, South Africa
- Status: announced
- Products: food flavours, colours
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Iberchem](https://endata.com/companies/25358.md) (acquirer)
- [Versachem](https://endata.com/companies/31734.md) (target)

## Sources

- [iberchem.com](https://iberchem.com/iberchem-group-acquires-south-african-company-versachem/), 2018-05-07: "Iberchem Group today announced it has entered into an agreement to acquire a majority stake in Versachem."
- [foodnavigator.com](https://www.foodnavigator.com/Article/2018/05/16/Iberchem-buys-majority-stake-in-Versachem/), 2018-05-16: "Iberchem Group is to acquire a majority stake in a specialist developer and manufacturer of food flavours and colours, Versachem."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.