The corporate team at international commercial law firm Hill Dickinson has advised Caldic (UK) Ltd on the acquisition of Elastomerics Limited, a prominent specialty chemicals distributor based in Macclesfield.

Elastomerics specialises in the distribution of polymers and additives to the surface coatings, plastics and rubber, and adhesives and sealants industries. With strong formulation back-up and technical support, the British chemicals distributor is a great asset to Caldic’s current activities.

In the UK, Caldic has a strong presence in base chemicals, which are being supplied from its distribution centres in Chesterfield, Derbyshire and Melton Mowbray, Leicestershire. As well as an established speciality chemicals and food ingredients divisions, Caldic also offers solutions in health and personal care, refinery chemicals, and other industrial markets.

‘The Elastomerics product portfolio perfectly complements our existing business by expanding our speciality product offering and gives us a much stronger presence in our focus markets’, says Philip Robinson, managing director of Caldic UK. ‘Whilst we already have business in these markets, this acquisition enables us to offer a comprehensive portfolio to our customers, backed up by the excellent service and technical expertise of the Elastomerics team.

The Elastomerics business will continue to be run out of its existing base in Cheshire, ensuring continuity in the key relationships with suppliers and customers.

Hill Dickinson’s corporate team was led by partner David Mkhitarian with assistance from associate Katie Somerville. Commenting on the deal, David said: ‘We are delighted to have supported Caldic on this transaction and the further growth of their extensive product portfolio. We wish them and the team at Elastomerics all the very best for the success of the business.’