Today: 8 August 2025
4 September 2023
2 mins read

E&V Acquires IMEA Technologies to accelerate growth in the MEA region

Rho-headquartered Eigenmann & Veronelli announces the acquisition of UAE-based IMEA Technologies to accelerate growth in the MEA region

Eigenmann & Veronelli S.p.A., a leading distributor in the specialty chemicals and food ingredients industry, announced that it has acquired 100% of IMEA Technologies FZC, a regional distribution company of specialty chemicals with a focus on the industrial market, based in the United Arab Emirates.

The acquisition represents an excellent fit with E&V’s existing operations and a strategic commercial expansion in the Middle East and Africa region, in addition to the Far East and Indian markets, reinforcing its international footprint to consolidate its compelling portfolio and execute its growth strategy.

IMEA Technologies was founded in 2011, in Sharjah (U.A.E.), and offers a wide range of products, mainly industrial, such as emulsion polymers for industries, paints, plastic, inks, water treatment, sealants & adhesives, oil & gas, and construction, as well as cosmetic & cleaning applications.

Mr Ayoob Chekkintakath, Executive Director of IMEA Technologies, 92nd from left) with the top leadership of E&V after signing the deal

Headquartered in Sharjah, with offices & warehouses in U.A.E., the Company ensures the full coverage of the MEA region in addition to the Far East and Indian markets. In 2022, IMEA Technologies generated revenues of approximately AED 68.5M (ca. EUR 17.7 million).

IMEA Technologies, as part of the E&V Group, will be led by its present management line-up and staff retaining its well-established name.

“In line with our strategic vision to be an established international solutions provider, we are delighted to welcome IMEA Technologies to the E&V Group,” said Gabriele Bonomi, Chief Executive Officer of the E&V Group. “This acquisition strengthens our international footprint and allows us to offer a truly compelling value proposition to both principals and customers.”

 “Becoming part of E&V, a key international market player, marks a milestone in our company’s evolution,” said Ayoob Chekkintakath, Executive Director of IMEA Technologies. “We share a similar vision and culture, and I am confident that IMEA Technologies will continue to thrive as part of the E&V Group, continuing its long-term relationships with key suppliers and customers.”

Eigenmann & Veronelli is an international solutions provider in the specialty chemicals and food ingredients industry with a direct presence in 4 countries and a commercial reach in more than 30. Headquartered in Rho, Milan, Italy, E&V is synonymous with effectiveness and efficiency, combining local market knowledge with international chemical innovations. In 2022 the E&V Group generated a consolidated turnover of EUR 417 M with 340 employees.

IMEA Technologies is a regional distributor of specialty chemicals, specialized in industrial market, such as emulsion polymers for industries, paints, plastic, inks, water treatment, sealants & adhesives, oil & gas, and construction, as well as cosmetics & cleaning applications. Headquartered in Saif Zone, Sharjah (U.A.E.), with offices and warehouses in U.A.E. IMEA Tech. posted a consolidated turnover of EUR 17.7 M in 2022.

Previous Story

Yahsat Recognizes Contributions of Emirati Women Workforce

Next Story

US First Lady Jill Biden Tests Positive for Covid-19

Latest from Arab News

Gaza Conflict Claims 28 Children a Day

UN experts and more than 150 humanitarian organisations have called for a permanent ceasefire…reports Asian Lite News The United Nations reports that around 28 children are being killed each day in Gaza

US Mulls Terror Tag for Muslim Brotherhood

The US’ plan to designate the Muslim Brotherhood as a terrorist group comes after a bipartisan bill was introduced by Republican Congressman…reports Asian Lite News The US is once again edging closer

Hamas Sets Terms For Disarmament

HAMAS: ‘The resistance and its weapons will not be abandoned until our full national rights are restored, foremost among which is the establishment of an independent, fully sovereign Palestinian state’ Hamas affirmed

Statehood For Palestine

Analysts see the general move as a deliberate push to revive a stagnant peace process long controlled by Israel, Hamas and the United States, all of whom, they say, have shown little

Famine grips Gaza, WHO warns

WHO said Gaza’s population is facing acute food insecurity under the Integrated Food Security Phase Classification…reports Asian Lite News The World Health Organisation (WHO) has issued its starkest warning yet about the
Go toTop