IMCD to acquire Tillmanns to strengthen Italian industrial, food market presence
Tillmanns operates in multiple sectors, including coatings, construction, food & nutrition, and water treatment, premium specialty chemicals and tailored solutions.
ITALY – IMCD, a global leader in the distribution and formulation of specialty chemicals and ingredients, has signed an agreement to acquire 100% of the shares in Tillmanns S.p.A.(public limited company), a long-established distributor headquartered in Milan, Italy.
Founded in 1940, Tillmanns has established a strong reputation as a trusted and reliable key partner for global suppliers and a broad customer base across Italy.
The company operates in multiple sectors, including coatings, construction, food & nutrition, and water treatment, supplying a comprehensive range of premium specialty chemicals and tailored solutions.
With annual revenues of around EUR 143 million (approx US$165 million) in 2024 and a skilled team of 78 employees, Tillmanns is recognised for its deep technical expertise, long-standing supplier relationships and consistent, reliable commercial execution.
The company also operates a modern logistics centre in Milan, alongside an in-house R&D laboratory that provides advanced testing capabilities, custom formulations, and technical support to meet evolving market requirements and regulatory demands.
For IMCD, the acquisition represents a significant strategic fit.
By combining IMCD’s international scale and digital expertise with Tillmanns’ deep local knowledge and proven execution, the deal strengthens IMCD’s presence in Italy while unlocking new growth opportunities in both industrial and food markets.
Tillmanns’ premium positioning and portfolio of exclusive supplier agreements complement IMCD’s commitment to delivering value-driven solutions, operational excellence and technical support at scale.
Marcus Jordan, CEO of IMCD, said the acquisition would significantly strengthen the company’s footprint in Italy by combining IMCD’s global scale with Tillmanns’ local expertise and strong customer relationships.
“This is a great step forward in strengthening our footprint in Italy,” Jordan said. “We are also excited to welcome a skilled and experienced team that will add real value to our organisation and ensure continuity for customers and suppliers,” Marcus said.
The transaction, which remains subject to customary regulatory approvals, is expected to close in the fourth quarter of 2025.
Once completed, the acquisition will expand IMCD’s capabilities in high-growth segments and reinforce its strategy of building a fully integrated distribution network that combines global reach with regional strength and technical excellence for long-term success.
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