Caldic announces acquisition of Chemhouse Marketing and Brink Chemicals

Press release

Rotterdam, April 6, 2023 - Caldic today announced the acquisition of Chemhouse Marketing and Brink Chemicals (‘Chemhouse”), an India-based distributor of value-added solutions to the personal care and topical dermatology market offering premium specialty and natural ingredients. The acquisition expands Caldic’s footprint in the personal care industry while reinforcing its focus on customized value-add solutions, and it is fully aligned with the strategic ambition to invest in high-growth markets. The activities will be integrated in Caldic’s organization in APAC which operates under the Connell Caldic brand. The transaction is a first acquisition landmark following the recent merger of the businesses of Connell and Caldic in Asia-Pacific.  

Founded in 1999, Chemhouse offers innovative ingredient solutions that are customized to meet functional requirements and quality standards in the final applications. Over the years, the company has successfully been the exclusive distribution partner of global principals for the supply of novel ingredients that require “grassroot” level nurturing and assistance in developing fit-for-purpose formulations. The state-of-the-art application center provides customers with value-added services like concept formulations, product testing and fine-tuning as well as regulatory advice.

 

The extensive product portfolio encompasses a comprehensive range of premium ingredients for personal care formulations with an exceptionally high share of plant-based ingredients that cater to the growing consumer interest in natural cosmetic products. One such example is the innovative range of Brinkanolbranded herbal extracts which incorporate unique indigenous ingredients.

 

Tejas Parekh, Managing Director of Connell Caldic India, comments, “We are delighted to welcome the team from Chemhouse aboard Connell Caldic. Our combined capabilities and competences will enhance our joint teams’ ability to inspire innovative solutions and support our customers to explore and develop new business opportunities, which will help us to further cement our position in the personal care market in India.

 

Dr Suhas Nandurdikar, Nihar Nandurdikar, Managing Partners Chemhouse, said: “For the past two decades, our mission has been to deliver exceptional value and innovative solutions to the industry. Today marks an important milestone in our growth journey. Our experienced team is very excited to become part of Connell Caldic India as we strongly believe that the synergies from partnering up will ultimately benefit our customers and principals. Jointly with Connell Caldic, we’re very keen to continue delivering custom solutions while having access to an even broader portfolio of products, value-added services and capabilities.”