19 August 2013
Details
IMCD Group B.V.
has acquired Singapore-based
Paceco Industrial Supplies Pte. Ltd.,
a reputable distributor for
engineering and specialty plastics.
IMCD's latest acquisition demonstrates
the importance of China and South East Asia
in the growth and development strategy.
Paceco Industrial Supplies
was established in 1985 and
is active in Singapore, China and Malaysia and
currently employs 28 staff.
With stock in Singapore, Malaysia and China
as well as a goal to provide the best standard of service
to the plastics industry in China and South East Asia,
Paceco offers a wide range of
engineering and specialty plastic materials
to industries including
* electronics, electrical, connectors, electronic packaging,
* food packaging, medical service, home appliances,
* consumer goods, toys, building,
* wire & cable, automotives and aerospace and military.
IMCD,
Mr.Albert Stevens, Vice President Asia for IMCD Group
- We are delighted to have Paceco onboard.
They have built up their business through
focus on specialities thus creating a strong network
and gaining considerable industry experiences.
- This new deal
* will greatly complement our plastics business in China and
* will provide a platform for further expansion in South East Asia.
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