ROTTERDAM, The Netherlands (4 April, 2016) – IMCD N.V. is delighted to announce that effective 1st April 2016, The M.F. Cachat Company was renamed IMCD US, LLC. Acquired in June of 2015, The M.F. Cachat Company has been integrated into IMCD, and marks the company’s initial entry into the North American market, representing a significant step in advancing its strategy to become a leading global speciality chemicals distributor.
IMCD US (formerly MF Cachat) is a leading speciality chemicals distributor in the US with a focus on the coatings, inks, adhesives & sealants, construction, plastics, advanced materials and food segments. Founded in 1977 upon a strategy of providing the highest level of trust, integrity, and transparency to its customers and supplier partners, IMCD US has delivered consistent growth since its inception by leveraging the industry expertise of its employees and partners to deliver innovative solutions which create value for its customers.
With its head office near Cleveland, Ohio, IMCD US currently represents market leading global chemical suppliers in more than 30 states throughout the Midwest, Central, Eastern and Southern regions of the US. In 2015, the company generated revenue of USD 300 million and has approximately 90 employees.
John Mastrantoni, President, IMCD US, comments on the event: “IMCD US’ commitment to customer and supplier focus and our core values will remain unchanged. Our first priority is to our customers and supplier partners. We remain committed to delivering value added solutions and industry leadership.” IMCD US looks forward to the synergies which can be created by leveraging each company’s supplier networks and expertise in their respective core markets, creating additional opportunities for organic growth as well as through acquisition.