Caldic joins the global top league in ingredients and specialty chemicals distribution following merger with Connell

On October 13, 2022, Advent International, financial sponsor of Caldic, and Wilbur-Ellis, owner of Connell, announced the agreement to combine their life sciences and material sciences distribution businesses focused on nutrition, (bio)pharma, personal care and industrial formulations. The partnership between Advent International and Wilbur-Ellis is founded on a long term shareholder commitment and a shared vision of building a fully integrated growth and innovation focused business.

Alexander Wessels, Group CEO, stated, “The global scale of our business will unlock multiple opportunities to create value with our business partners. Today’s worldwide reach will make our offering of unique value-added services and products more widely accessible to the food & nutrition, (bio)pharma, personal care and industrial formulation markets, which will fuel new business development potential across the supply chain. Our ambition is to redefine the parameters of added value in the ingredients and specialty chemicals distribution sector, offering our customers a new standard in customized solutions. We are thrilled at the prospect of partnering with the highly skilled and experienced Connell team to deliver these relevant and impactful solutions for our principals and customers alike.”

“We are very excited to embark on our joint journey as part of Caldic,” said Azita Owlia, CEO of Connell Caldic APAC. “Our customers are increasingly demanding customized solutions and extended supply chain services. We are committed to leverage the complementarity and synergies between both companies’ value-added product portfolio and broader manufacturing and distribution facilities, to the benefit of our principals and customers. Asia-Pacific is a high-growth region with tremendous potential and the joint expertise and capabilities will allow us to help our current and new customers to seize such opportunities. Together we can make a much bigger positive impact in the life sciences and material sciences markets.”

Key facts & figures of Caldic consolidated as of 1 March 2023