PHR acted as local counsel to Caldic, a global solutions provider for the life science and industrial markets headquartered in Netherlands, in the strategic acquisition of Ricardo Molina, a leading distribution solutions provider of specialty ingredients and chemicals for the life science and industrial markets based in Barcelona (Spain), with a presence in Colombia through Ricardo Molina Colombia S.A.S. The acquisition of Ricardo Molina significantly strengthens Caldic’s network of laboratories in Europe. A state-of-the-art food application lab, personal care lab, and R&D lab for industrial applications, in combination with dedicated technical experts will greatly enhance the formulation and advisory capabilities for customers.