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IMCD completes the acquisition of Alam Subur in Indonesia
2013-03-20
URL:

IMCD Group has completed the
acquisition of PT Alam Subur Tirta Kencana, a Jakarta-based leading food ingredients
distributor. All businesses of Alam Subur have been successfully integrated and all
staff have transferred to PT IMCD Indonesia. Mr Eduard Utama, founder of Alam Subur,
has been appointed Managing Director of IMCD Group's newest territory.

 

Mr Utama remains infinitely confident in the success of the acquisition: "We were
delighted with the opportunity to join forces with such a reputable international
player like IMCD as it will enable us to grow further. The market has reacted
positively to the change in the transition period and we are excited with the
forthcoming opportunities."

 

Mr Albert Stevens, Vice President Asia for IMCD Group, adds: "This is an important
step in the realisation of our growth strategy in Asia-Pacific. We are now active in
the largest and fastest growing country of Southeast Asia, where we foresee
tremendous growth prospects."


Now the acquisition has been officially finalised, and with Alam Subur's experience,
expertise and extensive industry knowledge, IMCD aspire to develop the Southeast
Asian business and expand market coverage. With both warehouses and offices in
Jakarta and Surabaya, IMCD Indonesia now supplies nutraceutical and cosmetic
ingredients to the market and is a leading distributor for food and beverage
ingredients.