Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 IMCD N.V. to Acquire Megasetia in Indonesia - Ink World Magazine

What are you searching for?

Sign in
Industry News, Suppliers News

IMCD N.V. to Acquire Megasetia in Indonesia

IMCD Indonesia has signed an agreement to acquire PT Megasetia Agung Kimia in Indonesia.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Specialty chemical distributor IMCD N.V. announced that IMCD Indonesia has signed an agreement to acquire PT Megasetia Agung Kimia in Indonesia. IMCD will acquire 70% of Megasetia’s share capital now and the remaining 30% in 2025.

Megasetia, which was founded in 1995, is a distributor for specialty ingredients for the pharmaceuticals industry. It also covers the personal care, home care, animal health and industrial markets, offering end-to-end solutions to its customers and partners with three laboratories, six offices and six warehouses across Indonesia.

According to IMCD, it generated a revenue of approximately €60 million in 2020 and has approximately 160 employees. Megasetia currently serves more than 1,000 customers and represents more than 50 of the world’s leading ingredients producers.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters