Brampton, ON – L.V. Lomas Limited today announced it has accepted an offer of acquisition from IMCD N.V., headquartered in Rotterdam, the Netherlands. With global sales revenue of more than US$2 billion, IMCD is a market-leader in the sales, marketing and distribution of specialty raw materials and ingredients into targeted markets across EMEA, Asia-Pacific and the Americas.
The acquisition of L.V. Lomas will be IMCD’s first step into the Canadian market and will further enhance its presence in the United States. “There is a strong strategic fit between our two companies,” said Rand Lomas, Chairman. “Through IMCD, we will enhance our exceptional service, expand our product offering and strengthen our technical support to our principal supplier-partners.”
“Over the past 57 years, L.V. Lomas has grown by focusing on best-in-class partnerships to provide a full range of integrated services for total distribution solution channel management. IMCD shares our vision of providing our partners with the most qualified technical support, in-depth market intelligence and new opportunities for future development.”
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For more information, please contact:
Director, Corporate Marketing
905 458 7111 ext. 4355