NIBC helps refinance global chemical distributor IMCD
Nieuws -NIBC’s Food, Agri & Retail unit provides part of the new financing of specialty chemical distributor IMCD.
Headquartered in Rotterdam and with operations across Europe, Asia-Pacific and various emerging markets, IMCD is a global leader in the sales, marketing and distribution of specialty chemicals and food ingredients.
In summer 2014, IMCD listed on the Dutch stock exchange, NYSE Euronext Amsterdam. Prior to its IPO, IMCD was owned by private equity firm Bain Capital.
The proceeds of the IPO and the new financing transaction are enabling IMCD to repay debt, supporting the company’s further growth.
NIBC’s long-standing relationship with IMCD extends back to 2002, when our Leveraged Finance team participated in IMCD’s first buyout transaction.