# IMCD to acquire VELOX Group for EUR 155 million revenue

IMCD N.V. signed an agreement to acquire 100% of VELOX GmbH, a European distributor of speciality chemicals for plastics and composites, headquartered in Hamburg, Germany. The transaction is subject to regulatory review.

- Type: Acquisition
- Announced: 2018-08-29
- Where: Hannover, Germany, Germany
- Status: announced
- Products: speciality chemicals, plastics, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [IMCD](https://endata.com/companies/20622.md) (acquirer)
- [VELOX GmbH](https://endata.com/companies/33999.md) (target)

## Sources

- [plastikmedia.co.uk](https://www.plastikmedia.co.uk/imcd-to-acquire-velox-group/), 2018-08-29: "This acquisition enables IMCD to further strengthen its position as distributor of speciality plastics and additives."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/imcd-to-acquire-european-speciality-chemicals-distributor-velox/), 2018-08-31: "This acquisition enables IMCD to further strengthen its position as distributor of speciality plastics and additives."

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