IMCD Expands Southeast Asian Footprint with Acquisition of Thailand’s Merit Solution

IMCD N.V., a global leader in the distribution and formulation of specialty chemicals and ingredients, has signed an agreement to acquire 100% of the shares of Merit Solution Co., Ltd., a prominent Thai distributor of additives for the plastics and compounding industries.

The acquisition strengthens IMCD's presence in the region, integrating Merit Solution's diverse portfolio which serves the plastics, construction, and adhesives sectors.

Merit Solution, which operates from its headquarters and laboratory facilities in Bangkok, generated approximately THB 406 million (~EUR 10.7 million) in revenue in 2025. As part of the transaction, IMCD will absorb the company’s established team of 24 employees.

Pichit Pornthanalert, Managing Director, IMCD Thailand, commented, “The acquisition will strengthen IMCD’s position as a comprehensive solution provider for the plastics and compounding market in Thailand and Southeast Asia. We are excited to gain scale, welcome a talented team and deepen our supplier and customer relationships.”

The management team of Merit Solution added: “Combining Merit Solution's plastic additives expertise with IMCD's existing portfolio allows us to offer a truly holistic solution platform to compounders and converters. With a broader product range and a strengthened local presence, we are now better equipped to support our customers in enhancing product performance, processing efficiency and durability, and offering more sustainable solutions.”

The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2026.

Source: IMCD