# IMCD acquires Millikan and Banner Química in Mexico

IMCD N.V. announced on 4 December 2020 the acquisition of two speciality chemical distributors in Mexico: Millikan S.A. de C.V. and Banner Química S.A. de C.V., both based in Mexico City. The combined revenue was USD 15 million in 2019, adding 60 employees.

- Type: Acquisition
- Announced: 2020-12-04
- Where: Mexico City, Mexico
- Jobs: 60
- Status: completed
- Products: speciality chemicals and ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [IMCD](https://endata.com/companies/20622.md) (acquirer)
- [Millikan](https://endata.com/companies/51646.md) (target)
- [Banner Química](https://endata.com/companies/51647.md) (target)

## Sources

- [uk.finance.yahoo.com](https://uk.finance.yahoo.com/news/imcd-mexico-continues-growth-momentum-060000824.html), 2020-12-04: "IMCD N.V. today announced the acquisition of two speciality distribution companies in Mexico, Millikan S.A. de C.V. and Banner Química S.A. de C.V."

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