IMAP is pleased to announce that Interchim has been sold to a European subsidiary of Chinese Group, Inner Mongolia Junzheng Energy & Chemical Group Co. Ltd ("Junzheng"), a chemical manufacturer listed on the Shanghai stock exchange.
Junzheng completed this transaction in conjunction with Advion, Inc., an American company specialized in high value-added mass-spectrometry equipment and consumables for R&D, and Interchim’s partner since 2012.
Founded in 1970 and based in France, Interchim is a family-owned industrial player specializing in the design, assembly, production and distribution of chromatography equipment and consumables for R&D laboratories, quality control for Life Science industries (pharmaceutical and cosmetic) and the academic sector.
This acquisition represents a decisive step towards Interchim’s future. Indeed, it will ensure a shareholder transition with long-term development prospects by (i) providing international industrial and commercial opportunities, particularly in Asia and (ii) creating synergies with Advion, Inc. teams and products.
Following unsolicited approaches from foreign trade buyers in 2018, Interchim’s family shareholders decided to enter into exclusive discussions with Junzheng Group companies in H1 2019.
IMAP France acted as exclusive financial advisor to Interchim’s shareholders during negotiations involving Chinese, American and Dutch operating companies and their shareholders.