Latest news with #IMCD
Yahoo
3 days ago
- Business
- Yahoo
IMCD to accelerate food & beverage growth in Iberia with strategic acquisition of Ferrer Alimentación
Rotterdam, The Netherlands (6 June 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in Ferrer Alimentación, S.A. and Medir Ferrer Y Compañía, S.A. (jointly 'Ferrer Alimentación'). Founded in 1955, Ferrer Alimentación is a leading distributor in Iberia of food and beverage ingredients. Ferrer Alimentación is well established and recognised for its strong presence across Iberia. The company serves a broad customer base spanning from customers operating in the bakery, dairy, beverages, meat to specialised nutrition markets. With long-standing partnerships with leading global suppliers and a comprehensive portfolio of high-quality ingredients, Ferrer Alimentación combines deep industry expertise with specialised distribution capabilities. Its strategically located logistics centre enables efficient service delivery and a wide range of value-added solutions. With a team of 37 employees, Ferrer Alimentación reported annual revenues of ca. EUR 112 million in the financial year 2024. 'IMCD and Ferrer Alimentación share the same vision and cultural values, making our companies an ideal match to outpace the challenges of the future,' said José Alcover, Managing Director of IMCD Iberia & Maghreb. 'Their strong portfolio, broad network of customers and suppliers, deep understanding of the food markets, and unwavering focus on customer needs are exactly the attributes we value in a partner. We're excited about the opportunities this will unlock for our combined teams, supply partners and customers.' 'After almost 50 years of activity, Ferrer Alimentación and Medir Ferrer have become one of the leading distributors that customers trust for our professionalism, reliability, ambition, and passion for the food and nutrition community,' said Emma Gómez Ballesté, General Manager of Ferrer Alimentación and Medir Ferrer. 'Joining IMCD marks the beginning of a new chapter, one that will allow our people and partners to grow even stronger, while staying true to the principles and relationships that have guided us for decades.' The transaction is subject to customary closing conditions and is expected to close in June 2025. - xxx- About IMCD IMCD, based in Rotterdam, The Netherlands, is a leading global partner for the distribution and formulation of speciality chemicals and ingredients. IMCD is an expert solutions provider and adds sustainable value to the supply chain. Every day professionals focus on providing the best service through commercial and operational excellence. The company is mindful of the role they play in creating a better planet for all and formulates with consciousness and executes with care, to address business challenges of tomorrow, in partnership and transparency. In 2024, with over 5,100 employees, IMCD realised revenues of EUR 4,728 million. IMCD N.V.'s shares are traded at Euronext Amsterdam (symbol: IMCD) and included in the Dutch ESG AEX index, as one of 25 companies within the AEX and AMX indices demonstrating best ESG practices. For further information, please visit: Media contact Muriel Werlé Corporate Communications Director+31 10 290 86 84 mediarelations@ Investor relations contact Tosca Holtland Head of Investor Relations+31 10 290 86 53ir@ Attachment Press release_IMCD to acquire Ferrer Alimentacion_20250606Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
IMCD to accelerate food & beverage growth in Iberia with strategic acquisition of Ferrer Alimentación
Rotterdam, The Netherlands (6 June 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in Ferrer Alimentación, S.A. and Medir Ferrer Y Compañía, S.A. (jointly 'Ferrer Alimentación'). Founded in 1955, Ferrer Alimentación is a leading distributor in Iberia of food and beverage ingredients. Ferrer Alimentación is well established and recognised for its strong presence across Iberia. The company serves a broad customer base spanning from customers operating in the bakery, dairy, beverages, meat to specialised nutrition markets. With long-standing partnerships with leading global suppliers and a comprehensive portfolio of high-quality ingredients, Ferrer Alimentación combines deep industry expertise with specialised distribution capabilities. Its strategically located logistics centre enables efficient service delivery and a wide range of value-added solutions. With a team of 37 employees, Ferrer Alimentación reported annual revenues of ca. EUR 112 million in the financial year 2024. 'IMCD and Ferrer Alimentación share the same vision and cultural values, making our companies an ideal match to outpace the challenges of the future,' said José Alcover, Managing Director of IMCD Iberia & Maghreb. 'Their strong portfolio, broad network of customers and suppliers, deep understanding of the food markets, and unwavering focus on customer needs are exactly the attributes we value in a partner. We're excited about the opportunities this will unlock for our combined teams, supply partners and customers.' 'After almost 50 years of activity, Ferrer Alimentación and Medir Ferrer have become one of the leading distributors that customers trust for our professionalism, reliability, ambition, and passion for the food and nutrition community,' said Emma Gómez Ballesté, General Manager of Ferrer Alimentación and Medir Ferrer. 'Joining IMCD marks the beginning of a new chapter, one that will allow our people and partners to grow even stronger, while staying true to the principles and relationships that have guided us for decades.' The transaction is subject to customary closing conditions and is expected to close in June 2025. - xxx- About IMCD IMCD, based in Rotterdam, The Netherlands, is a leading global partner for the distribution and formulation of speciality chemicals and ingredients. IMCD is an expert solutions provider and adds sustainable value to the supply chain. Every day professionals focus on providing the best service through commercial and operational excellence. The company is mindful of the role they play in creating a better planet for all and formulates with consciousness and executes with care, to address business challenges of tomorrow, in partnership and transparency. In 2024, with over 5,100 employees, IMCD realised revenues of EUR 4,728 million. IMCD N.V.'s shares are traded at Euronext Amsterdam (symbol: IMCD) and included in the Dutch ESG AEX index, as one of 25 companies within the AEX and AMX indices demonstrating best ESG practices. For further information, please visit: Media contact Muriel Werlé Corporate Communications Director+31 10 290 86 84 mediarelations@ Investor relations contact Tosca Holtland Head of Investor Relations+31 10 290 86 53ir@ Attachment Press release_IMCD to acquire Ferrer Alimentacion_20250606Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
IMCD to acquire TECOM Ingredients to strengthen its offering in the food & nutrition market in Spain
Rotterdam, The Netherlands (16 May 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, has signed an agreement to acquire 100% of the shares in TECOM Ingredients S.A. ('TECOM'). Founded in 1996 and headquartered in Molins de Rei, near Barcelona, Spain, TECOM is a recognised distributor of ingredients and additives to the food industry. The company is a trusted partner for customers active in the food and nutrition market in Iberia, developing innovative, high-quality solutions across a wide spectrum of applications, including savoury, bakery and pastry, dairy and plant-based beverages, confectionery, meat and ready meals, as well as health and nutrition. With a team of 16 employees, TECOM reported annual revenues of ca. EUR 18 million in the financial year 2024. 'This acquisition enhances our presence in Iberia and expands our portfolio with ingredients that are highly complementary to our current offering,' said José Alcover, Managing Director of IMCD Iberia & Maghreb. 'We're thrilled to welcome a talented team with deep expertise in market-specific food applications.' Sixto Yañez, Commercial Director and Co-Founder of TECOM, commented: 'Joining IMCD marks an exciting new phase in our journey. We are bringing together two companies that share a strong culture of innovation, service, and long-term partnerships. This step opens up new avenues for growth and will allow us to offer even greater value to our customers.' The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2025. - xxx-IMCD, based in Rotterdam, The Netherlands, is a leading global partner for the distribution and formulation of speciality chemicals and ingredients. IMCD is an expert solutions provider and adds sustainable value to the supply chain. Every day professionals focus on providing the best service through commercial and operational excellence. The company is mindful of the role they play in creating a better planet for all and formulates with consciousness and executes with care, to address business challenges of tomorrow, in partnership and transparency. In 2024, with over 5,100 employees, IMCD realised revenues of EUR 4,728 million. IMCD N.V.'s shares are traded at Euronext Amsterdam (symbol: IMCD) and included in the Dutch ESG AEX index, as one of 25 companies within the AEX and AMX indices demonstrating best ESG practices. For further information, please visit Media contact Muriel Werlé Corporate Communications Director+31 10 290 86 84 mediarelations@ Investor relations contact Tosca Holtland Head of Investor Relations+31 10 290 86 53ir@ Attachment Press release_IMCD to acquire TECOM Ingredients_20250516Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
IMCD announces CEO transition
Rotterdam, The Netherlands (24 April 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading partner for the distribution and formulation of speciality chemicals and ingredients, today announces that IMCD and Valerie Diele-Braun have agreed that Valerie will step down as CEO and member of the Management Board for personal reasons. This change takes effect as of today. The Supervisory Board is pleased to announce that Marcus Jordan will assume the role of CEO as of today. Marcus is a member of the Management Board and COO since 2022. Throughout his 26-year career with the company, he served as President of Americas, Group Development Director and in various strategic roles in our UK organisation. He has been a member of the Executive Committee since 2014. Janus Smalbraak, Chair of the Supervisory Board: 'I would like to thank Valerie for her contribution to the company in the past years, both in her role as member of the Supervisory Board and as member of the Management Board. We appreciate the fresh perspectives she brought to the company, and we wish her every success and happiness in her future endeavours.' 'With 26 years of experience at IMCD, Marcus has built deep industry expertise and a strong track record on delivering long-term business growth. We value his leadership in recent years in areas such as commercial and operational excellence as well as his genuine drive for digital innovation. The Supervisory Board is confident that Marcus will continue to build on IMCD's strong foundations and create sustainable value for all stakeholders. We're excited to continue working with him and fully support him as he steps into this new role.' The Supervisory Board will, in the coming period, review the further composition of the Management Board as part of its ongoing succession planning. - xxx- This press release contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation and was issued on 24 April 2025, 08:00 a.m. based in Rotterdam, The Netherlands, is a leading global partner for the distribution and formulation of speciality chemicals and ingredients. IMCD is an expert solutions provider and adds sustainable value to the supply chain. Every day professionals focus on providing the best service through commercial and operational excellence. The company is mindful of the role they play in creating a better planet for all and formulates with consciousness and executes with care, to address business challenges of tomorrow, in partnership and transparency. In 2024, with over 5,100 employees, IMCD realised revenues of EUR 4,728 million. IMCD N.V.'s shares are traded at Euronext Amsterdam (symbol: IMCD) and included in the Dutch ESG AEX index, as one of 25 companies within the AEX and AMX indices demonstrating best ESG practices. For further information, please visit Media contact Muriel Werlé Corporate Communications Director+31 10 290 86 14 mediarelations@ Investor relations contact Tosca Holtland Head of Investor Relations+31 10 290 86 53ir@ Attachment IMCD press releaseSign in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
IMCD N.V.'s (AMS:IMCD) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
IMCD (AMS:IMCD) has had a rough three months with its share price down 17%. However, stock prices are usually driven by a company's financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study IMCD's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for IMCD is: 13% = €278m ÷ €2.2b (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. So, this means that for every €1 of its shareholder's investments, the company generates a profit of €0.13. View our latest analysis for IMCD We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To start with, IMCD's ROE looks acceptable. Further, the company's ROE compares quite favorably to the industry average of 10%. This certainly adds some context to IMCD's exceptional 20% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. As a next step, we compared IMCD's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 14%. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for IMCD? You can find out in our latest intrinsic value infographic research report. IMCD's three-year median payout ratio is a pretty moderate 44%, meaning the company retains 56% of its income. So it seems that IMCD is reinvesting efficiently in a way that it sees impressive growth in its earnings (discussed above) and pays a dividend that's well covered. Additionally, IMCD has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 33% over the next three years. Despite the lower expected payout ratio, the company's ROE is not expected to change by much. On the whole, we feel that IMCD's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio