IMCD UK strengthens its Food and Nutrition portfolio with the acquisition of Evenlode Foods Ltd.
March 03 2022 - 1:00AM
IMCD UK strengthens its Food and Nutrition portfolio with the
acquisition of Evenlode Foods Ltd.
ROTTERDAM, The Netherlands (3 March 2022) – IMCD N.V.
(“IMCD” or “Company”), a leading distributor of speciality
chemicals and ingredients, today announces that IMCD UK has
acquired 100% of the shares of Evenlode Foods Ltd (“Evenlode”), a
distributor of speciality food and beverage ingredients throughout
the UK and Ireland.
Established in 2005, Evenlode’s activities are principally
in the beverage, bakery, nutrition, savoury and dessert
markets serving customers active in manufacturing, retail and
foodservice. Its asset-light operations and long-term relationships
with leading global speciality ingredient suppliers make it an
excellent fit with IMCD’s business model and strategy.
“Evenlode distributes high-performance products and has
significant expertise in powder technology which enhances IMCD’s
position as a leading distributor of speciality ingredients in the
UK and Ireland”, said Paul Hanbury, Managing Director, IMCD UK. “We
are delighted to welcome a like-minded team, with intimate supplier
and customer relationships and an impressive record of innovation
and growth” added Hanbury.
In 2021, Evenlode generated a revenue of approximately EUR 8,5
mio, and adds five employees to the IMCD UK team.
“Joining IMCD is a great milestone for Evenlode and reinforces
our commitment to delivering superior food and beverage solutions
to the market as we have done for over 15 years. Our growth culture
- driven by excellent products, market knowledge, technical
innovation, and outstanding customer service - is perfectly aligned
with IMCD. Furthermore, we share common core values which is
vitally important for employees, suppliers, and customers alike.”
commented Martin Parry, Owner, Evenlode Foods Ltd.
Attached, the full press release in pdf format.
- Press release_IMCD UK strengthens its Food and Nutrition
portfolio with the acquisition of Evenlode Foods
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