In how many countries will the new Caldic entity operate?

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The New Caldic Entity Will Operate in 43 Countries

The newly formed Caldic entity will have a global operational presence spanning 43 countries following the completion of its merger with Connell. This strategic combination, which closed on February 28, 2023, integrates Connell's strong regional footprint, particularly in the Asia-Pacific and Latin America markets, with Caldic's existing global network. This expanded reach is designed to create a robust platform for growth and to deliver enhanced value-added services and innovative solutions to a diverse range of industries.
Expanded Global Footprint and Market Reach

Caldic's operational scope now extends across Europe, Latin America, North America, and the Asia-Pacific region, encompassing a total of 43 countries. This significant global footprint is a direct result of the merger with Connell, a company with substantial footholds in high-growth areas. The integration aims to leverage these combined strengths to serve key markets including food, (bio)pharma, personal care, and industrial formulations more effectively.
Enhanced Value-Added Capabilities

The merger bolsters Caldic's capacity to offer comprehensive value-added services. These capabilities include manufacturing services such as repacking, filling, labeling, mixing, and blending, often conducted under stringent conditions like GMP. Furthermore, the entity boasts extensive technical and application support, delivered through 75 expertise centers worldwide, focusing on formulation, product development, and testing. Distribution services, including warehousing and regulatory support, are also integral to the enhanced offering.
Financial and Human Capital Consolidation

As of March 1, 2023, the consolidated entity reports a turnover of approximately Euro 3 billion and employs around 3,500 full-time equivalents (FTEs). This consolidation of financial and human capital underscores the scale and ambition of the new Caldic. The partnership between Advent International, Caldic's financial sponsor, and Wilbur-Ellis, Connell's owner, is underpinned by a long-term commitment and a shared vision for building an integrated, growth- and innovation-focused business.

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In how many countries will the new Caldic entity operate?

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