IMCD Benelux acquires Gova Ingredients in beauty market move

27 Mar '24

15 min read

Pic: IMCD

Insights

IMCD Benelux acquires 100 per cent of Gova Ingredients, a prominent distributor in beauty and personal care ingredients in the Benelux region.
The acquisition aims to strengthen IMCD's position in the market, enhancing product offerings and customer support.
Gova looks forward to leveraging IMCD's global network for new business opportunities.

IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announces that IMCD Benelux has acquired 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux.

Established in 1999 and headquartered in Hoogerheide, Netherlands, Gova provides 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 a revenue 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 speciality 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.