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IMCD Acquires Gova Ingredients to Expand Its Beauty & Personal Care Presence

Published on 2024-04-04. Edited By : SpecialChem

IMCD Acquires Gova Ingredients to Expand Its Beauty & Personal Care PresenceIMCD N.V. ("IMCD" or "Company") announces that IMCD Benelux has acquired 100% of Gova Ingredients.

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Gova Ingredients is an ingredient distributor for the beauty and personal care market in the Benelux.

Founded in 1999 and headquartered in Hoogerheide, the Netherlands, Gova offers an extensive portfolio of cosmetic actives and functional ingredients. Through its in-house application laboratory, it provides its customers with formulation and technical support. With 10 employees, Gova generated revenues of approximately EUR 6 million in 2023. The company represents leading global suppliers and serves customers in the Benelux market.

"Gova is a well-recognized specialty distributor for the beauty and personal care market in the Benelux. With its highly complementary product portfolio it further strengthens our position in the beauty and personal care market," comments Lodewijk Mellema, managing director of IMCD Benelux.

"We are pleased to become part of IMCD Benelux. As part of IMCD, Gova will continue to provide and improve the high level of support to our valued suppliers and customers. We look forward to leverage IMCD’s capabilities and global network to create new business opportunities," says Patrick Gonry, managing director of Gova Ingredients.

Source: IMCD


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