IMPAG Group Drives Growth through Strategic Investor Change with Deutsche Private Equity
Jul 17, 2024
The IMPAG Group, an internationally recognized chemical distribution company, announces that it has undergone a change in its investor structure to strategically advance and accelerate growth in a consolidating market. Funds advised by Deutsche Private Equity ("DPE") will take over as the new majority investor in place of Enzian AG.
This move is part of IMPAG Group’s long-term growth strategy aimed at further strengthening its market position and creating added value for its stakeholders, particularly its customers, supply partners, and employees. The change allows the IMPAG Group to enhance its agility and innovative capacity and to advance the company’s vision through the development of its offerings and expanded services.
The new investor structure with DPE supports IMPAG Group’s ambitions to expand its presence in the European market and diversify its business areas through targeted acquisitions and partnerships. The IMPAG Group is committed to reinforcing its value-added position in the fields of life sciences and material sciences, and to being recognized as the preferred partner for its globally operating stakeholders.
The Board of Directors and Executive Board of the IMPAG Group are confident that the investor change supports the company’s strategic direction and provides the foundation for further growth and long-term success.
"An investor change should always be made from a position of strength rather than necessity. IMPAG has developed cross-border, established a strong market position in Europe, and is now ready for a new, strong investor and partner with ambitious future plans. We are convinced that with DPE, we have gained a strong partner who, with a comparable understanding of values, will sustainably support the successful further development of the IMPAG Group," affirms IMPAG CEO Remo Bernardi with enthusiasm and determination.
Andreas Schmid, Partner at DPE, emphasizes: "We are convinced that, based on the existing platform of the IMPAG Group, we can expand to become a leading pan-European specialty distributor for chemicals through both further organic growth initiatives and targeted buy-and-build acquisitions."