Purchase will strengthen Univar’s global sourcing capabilities
Chemical distributor Univar has announced it is to acquire Basic Chemical Solutions, a global distributor and trader of commodity chemicals. The deal is expected to close in the first quarter of 2011 and will enable Univar to provide a value element to its chemical end-users.
“Our long standing supplier relationships, global sourcing capability and multi-bulk services provide a perfect complement to Univar’s global operations,” commented Mary Byrne, ceo, Basic Chemical Solutions. “The combination will create synergies by providing enhanced services for our customers, better geographical coverage and improved economies of scale.”