Mar 09, 2021
IMCD to divest its Nutri Granulations Business to J.M. Huber Corporation
IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announces that it has reached an agreement to sell its Nutri Granulations manufacturing asset and associated business to Huber Engineered Materials (“HEM”), a division of J.M. Huber Corporation (“Huber”).
Located in La Mirada, CA, with 22 employees, Nutri Granulations manufactures food grade and USP grade calcium carbonate granulations for the nutraceuticals, food, over-the-counter and pharmaceuticals markets. It was acquired by IMCD as part of the HORN acquisition in 2018.
"We are thrilled to add Nutri Granulations to our portfolio because their reputation for quality, reliability and customer focus aligns perfectly with ours," adds Matt O'Brien, Senior Vice President and General Manager for HEM’s Ground Calcium Carbonate strategic business unit. "Also, adding an additional manufacturing site will support supply security and business continuity for our customers."
The closing of the transaction is planned for the end of March 2021.
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