IMPAG Group Acquires Comindex S.A. to Expand European Reach

IMPAG Group, an internationally active specialty chemicals distribution company headquartered in Zurich and backed by Deutsche Private Equity, has announced the full acquisition of Comindex S.A., an independent distributor based in Montornès del Vallès, Spain. This strategic move, signed in December 2025 and announced on January 19, 2026, is anticipated to close in the first quarter of 2026, subject to customary closing conditions.

The acquisition aligns with IMPAG Group’s ongoing strategy of sustainable growth and targeted expansion across Europe. By integrating Comindex S.A. into its operations, IMPAG aims to strengthen its position as a leading partner in the specialty chemical distribution sector. The deal will enhance IMPAG’s market presence in Spain, Portugal, and North Africa, particularly within the Material Science segment.

“With the acquisition of Comindex, we are reaching another milestone in the development of IMPAG Group. We are combining our expertise, expanding our offering, and creating added value for our customers, supply partners, and employees across Europe,” stated Remo Bernardi, CEO of IMPAG Group.

Comindex S.A., founded in 1959, has established itself as a reliable distributor of specialty chemicals, focusing on innovative and efficient products tailored to customer-specific applications. The company’s integration under IMPAG Group is expected to further enhance its market position and operational capabilities.

Supported by Deutsche Private Equity (DPE), a long-term investment partner, IMPAG Group is committed to pursuing a future-oriented growth path. DPE has been instrumental in facilitating this acquisition, emphasizing the strategic nature of the partnership. “A change of investor is a strategic decision born from strength, not necessity. With IMPAG Group, we have found a partner who shares our values and will help us build on our success for the long term,” said Anouchka and Tais Arp, Management of Comindex.

As the specialty chemicals market continues to evolve, this acquisition positions IMPAG Group to capitalize on emerging opportunities. The deal is expected to create synergies through cross-selling opportunities, expanded product offerings, and improved operational efficiencies. Additionally, the acquisition may prompt competitors to seek similar partnerships to maintain their market share.

Looking ahead, IMPAG Group will focus on integrating Comindex’s operations while navigating potential regulatory hurdles in various markets. The company aims to leverage Comindex’s established customer base to enhance its service offerings and market penetration in Southern Europe.

This acquisition marks a significant step for IMPAG Group as it continues to solidify its presence in the specialty chemicals sector across Europe, paving the way for future growth and innovation.