Safic-Alcan expands Latin American presence through Anders acquisition
Key takeaways
- Safic-Alcan acquires Peru-based distributor Anders to expand its specialty chemicals footprint across Latin America.
- The acquisition strengthens Safic-Alcan’s presence beyond Brazil and Mexico, enhancing reach in personal care, home care, and hygiene sectors.
- A new regional technology center with seven laboratories will support innovation and technical development.
Global specialty chemicals supplier Safic-Alcan has acquired Anders to expand its Latin American footprint.
The regional specialty chemical distributor, Anders, distributes chemicals for various sectors, including personal care, home care, and hygiene. Its headquarters are in Lima, Peru, but it also operates in Uruguay and Paraguay, and has offices in Bolivia, Ecuador, Chile, Colombia, and Argentina.
Safic-Alcan, headquartered in Paris, France, currently operates only in the Latin American countries of Brazil and Mexico. The acquisition complements the global company’s reach in the region.
A new technology center, including seven application laboratories, is also planned to provide technical support and innovation for suppliers and customers in the area.
“We now have a formidable presence across Latin America, and we look forward to continuing to bring value to our clients and suppliers in the region. With our additional companies in the US, Canada, and Mexico, Safic-Alcan confirms its intention to be a key player in the Americas for years to come,” says Yann Lissilour, CEO of Safic-Alcan Group.
Safic-Alcan is not the only industry player eyeing the region. Last month, Natura announced the sale of Avon International to focus on Latin America fully.
Givaudan also previously expressed interest in the region. Last year, it doubled the production capacity of its encapsulation technologies by expanding its production facility in Pedro Escobedo, Mexico, to meet the demands of its customers in the Latin American market.
Earlier this year, Safic-Alcan expanded in Southeast Asia by acquiring Ingredients Plus, a distributor with a strong footprint in Malaysia and Singapore. According to the company, the move bolsters its regional presence and solidifies its plans to expand its operations.