Context

IMCD signed an agreement to acquire 100% of E.T. HORN Company, purchasing all outstanding shares. The acquisition strengthens IMCD's US operations by adding HORN's established West and Southwest regional presence to its existing national platform, moving IMCD closer to full national US coverage with dedicated segment expertise. The transaction is financed from IMCD's available cash and existing credit facilities.

Target

E.T. HORN Company is a US-based specialty chemicals and ingredients distributor founded in 1961, operating primarily in the West and Southwest regions of the United States. The company acts as a representative of specialty chemical and ingredient suppliers across a broad range of end markets including coatings, construction, plastics, personal care, human food and nutrition, animal nutrition, nutraceuticals, and other specialties. HORN operates with a head office in La Mirada, California and employs approximately 200 people. The company has built a strong reputation as a leading regional specialty distributor with deep customer relationships, dedicated segment expertise, and an established supplier network across its core geographies.