M&A Deal Summary

Connell Acquires Inno-Cosmic Sdn Bhd

On September 20, 2019, Connell acquired distribution company Inno-Cosmic Sdn Bhd

Acquisition Highlights
  • This is Connell’s 4th transaction in the Distribution sector.
  • This is Connell’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2019-09-20
Target Inno-Cosmic Sdn Bhd
Sector Distribution
Buyer(s) Connell
Deal Type Add-on Acquisition

Target

Inno-Cosmic Sdn Bhd

Puchong, Malaysia
Inno-Cosmic Sdn Bhd is a distributor of instant beverage raw materials in Malaysia. Inno-Cosmic has been the exclusive distributor for a prestigious creamers and foamers supplier, a partnership that has made Inno-Cosmic the leading distributor in Malaysia’s three-in-one hot beverage industry.

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Buyer(S) 1

Buyer

Connell

San Francisco, California, United States

Category Company
Founded 1898
Sector Chemicals
DESCRIPTION

Connell is a marketer and distributor of specialty chemicals and ingredients in Asia-Pacific with a keen focus on technical service, customer support, and environmental, health, and safety. Connell Brothers (CBC) provides complete supply chain management from transportation, documentation, warehousing, and sales right across 18 countries and in 48 offices located throughout the Asia Pacific region. Connell was founded in 1898 and is based in San Francisco, California.


DEAL STATS #
Overall 5 of 5
Sector: Distribution M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Malaysia M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Ingredient Resources Pty

Mona Vale, Australia

Ingredient Resources Pty Ltd. is a supplier and distributor of innovative, value-added ingredients in Australia and New Zealand. Ingredient Resources supplies numerous first-class manufacturers in the food and beverage, confectionery, flavor and fragrance, cosmetic, healthcare and pharmaceutical industries.

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