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Safic-Alcan Gains Full Ownership of Sichuan HuaFaMei

Published on 2016-07-05. Author : SpecialChem

PARIS-LA DEFENSE -- Safic-Alcan, an international distributor of specialty chemicals, announced that it has successfully gained full ownership of Sichuan HuaFaMei Enterprise Co., Ltd. (China).

Safic-Alcan Gains Full Ownership of Sichuan HuaFaMei

Acquisition - Part of Strategy to Expand in Asia


Safic-Alcan announced that it has completed the acquisition of 100% of Sichuan HuaFaMei Enterprise Co., Ltd. (China) after acquiring 50% stake in 2006. The shareholder and acting President, Mr Charles Hu, will remain in place and will continue to actively manage the business.

Founded in 1997, Sichuan HuaFaMei Enterprise Co., Ltd is affiliated to the Paris-based BimSiframGroup while being also member of the international distributor, Safic-Alcan. The company specializes in offering active pharmaceutical ingredients, intermediates, plant extracts, chemical raw materials, drug products as well as wide ranges of APIs.

Sichuan HuaFaMei Enterprise Co., Ltd has developed an outstanding reputation in the distribution of products with guaranteed traceability from export and import to final distribution and the reliability of its sourcing procedures. The company has also proven record of strong international customer relationship through its highly professional and dedicated teams. Sichuan HuaFaMei Enterprise Co. Ltd. employs 44 people in China. In 2015 the Company registered 14 M€ in revenues.

“Acquiring full ownership of Sichuan HuaFaMei Enterprise Co., Ltd. is part of our strategy to expand in Asia. This acquisition will give Safic-Alcan direct access to the multinational pharmaceutical companies that have located in China and the opportunity to build upon the existing infrastructure to have a foothold in Asia from which Safic-Alcan can expand throughout the region,” stated Martial Lecat, CEO of Safinca, the holding company of Safic-Alcan Group.

About Sichuan HuaFaMei Enterprise

Sichuan HuaFaMei Enterprise Co., Ltd. was founded in 1997 and is affiliated to the Paris-based BimSiframGroup. It is a member of the world famous chemical group SAFIC-ALCAN. Over the years, it is becoming the professional trader, agent and distributor of Active Pharmaceutical Ingredient, intermediate, plant extracts, chemical raw materials, drug products and providing QA/QC and regulatory affairs

About Safic-Alcan

Safic-Alcan, a French multinational distributor of specialty chemicals headquartered in Paris-La Défense (France), develops and provides a large range of polymers, materials and additives for the rubber, coatings, pharmaceuticals and cosmetics industries.

The Group is present in all major countries of the European Union, as well as in Turkey, and China with on-going strategic development in Eastern European countries and the USA.

Source: Safic-Alcan

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