Mineral producer Omya has announced its acquisition of Prima Inter-Chem, a distributor of ingredients and specialty chemicals in Malaysia and Indonesia.
With this move, the company has developed its ingredient and specialty chemicals distribution capability in these countries for the food, pharmaceutical, animal feed and industrial markets. In addition, it establishes a platform for growth for the wider region.
“The acquisition of Prima is another success of our strategy of acquiring complementary businesses. Prima and Omya share the same values and a business approach of helping customers and principals expand their market reach, both locally and internationally,” the company said.
“With this acquisition, we are expanding Omya’s presence, particularly in food and pharma ingredients in Asia Pacific, and our existing capabilities will be strengthened by the exceptional knowledge, experience and expertise that Prima brings to our organisation. We look forward to welcoming the impressive team at Prima into the Omya Group.”
Khoo Kah Pheng and Lim Kooi Fui, founders and shareholders of Prima Inter-Chem added “We are very pleased to have found a great harbour for the team and business we have built over the last 38 years. We believe that Omya is the best partner to take Prima to the next level of growth and success in Asia.”