23 May 2017
23 May 2017
IMCD, The Netherlands, has signed an agreement to acquire the speciality chemicals distribution business of Bossco Industries and expand its presence in the US.
Bossco Industries, located in Houston, Texas, US was established in 1989 and is a distributor of speciality chemicals, supplying products and technical solutions to all major industrial market segments in the southwestern region of the US. The company generated revenue of US$11 million in 2016.
After completion of the transaction, expected at the beginning of July 2017, the business will be integrated within IMCD US with Edward Boss becoming a senior member of the IMCD management team.
“The acquisition of Bossco Industries will further strengthen IMCD US and our ability to offer national coverage to our principal partners,” states John Mastrantoni, President of IMCD US.
North Thin Ply Technology (NTPT) and Richard Mille have signed a long-term collaboration and exclusive supply agreement. The new multi-year contract will see NTPT develop and provide its lightweight thin ply materials exclusively to Richard Mille for horology, jewellery and luxury stationery items.
The UK's Engineering Industries Association (EIA) and the Manufacturing Technologies Association (MTA) have received confirmation of government funding for UK engineering companies to exhibit at overseas trade shows.
CGTech, the developer of VERICUT software, is celebrating three decades of consistent growth.