M&As: IMCD to acquire Merit to advance in compounding industry in Thailand
Netherlands-based IMCD N.V., which is involved in the distribution and formulation of speciality chemicals and ingredients, recently announced it has signed an agreement to acquire 100% of the shares in Merit Solution Co., a distributor of additives serving the plastics and compounding industry in Thailand.
Merit Solution serves a diverse range of applications, including plastics, construction, and adhesives.
Merit Solution will bring in an established team of 24 employees and is operated from its offices and laboratory in Bangkok. The company generated revenues of approximately EUR10.7 million in 2025.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2026. Terms were not disclosed.
Pichit Pornthanalert, Managing Director, IMCD Thailand, commented, “The acquisition will strengthen IMCD’s position as a comprehensive solution provider for the plastics and compounding market in Thailand and Southeast Asia. We are excited to gain scale, welcome a talented team and deepen our supplier and customer relationships.”
The management team of Merit Solution added: “Combining Merit Solution's plastic additives expertise with IMCD's existing portfolio allows us to offer a truly holistic solution platform to compounders and converters. With a broader product range and a strengthened local presence, we are now better equipped to support our customers in enhancing product performance, processing efficiency and durability, and offering more sustainable solutions.”
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