Since 2005, Umicore and the Todini Group spa have operated a joint venture focused on the distribution of chemical products, such as metal salts and non-ferrous metal oxides.
The company, Todini and Co, based in Monza, Italy, has six subsidiaries outside Italy and is a European leader in the distribution of industrial chemical products. Its customers serve a variety of industries including surface treatment and plating, pigments, glass & ceramics and animal nutrition. The company generated a turnover of € 125 million (metal included) in 2013 and employs 38 people.
Todini and Co will be integrated in Umicore’s Cobalt & Specialty Materials business unit. It will enable the business to expand further its distribution activities and strengthen its supply chain from raw materials to end customers.
