# IMCD Australia and New Zealand acquires ResChem

IMCD has signed an agreement to acquire ResChem, a specialty distribution company in Australia and New Zealand specializing in resins, additives, and pigments for inks, coatings, adhesives, and construction. ResChem generated approximately AUD 25 million in revenue in 2023.

- Type: Acquisition
- Announced: 2024-02-19
- Where: Sydney, Australia
- Status: announced
- Products: resins, additives, pigments
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [IMCD](https://endata.com/companies/20622.md) (acquirer)
- [ResChem](https://endata.com/companies/75706.md) (target)
- [Gova Ingredients](https://endata.com/companies/75983.md) (target)

## Sources

- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/imcd-australia-and-new-zealand-strengthen-its-coatings-and-construction-business-with-the-acquisition-of-reschem/), 2024-02-19: "“With the joining of ResChem, we can leverage their complementary portfolio and technical capabilities to further develop our footprint in the local markets,”"
- [jonesday.com](https://www.jonesday.com/en/practices/experience/2024/03/imcd-acquires-gova-ingredients), 2024-03-01: "Jones Day advised IMCD N.V. in the acquisition of 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux."

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