DOWNERS GROVE, USA – Univar Solutions Inc. (NYSE: UNVR) (“Univar Solutions” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, announced Monday that it has acquired Vicom Distribución Productos Quimicos, S.L. (“Vicom”), a leading regional specialty chemicals distributor in Spain and Portugal.
The Vicom acquisition will further expand the Company’s already robust specialty portfolio of coatings, adhesives, sealants, and elastomers (CASE) offerings by enhancing its range of additive solutions and augmenting its presence in Europe with more sustainable options.
“I am delighted to welcome the Vicom team to the Univar Solutions family,” said Nick Powell, president of Global Ingredients & Specialties.
“Vicom advances our strategic growth priorities by deepening our ability to offer market-leading ingredients, specialty chemicals and solutions to our customers. With a highly knowledgeable sales organization, strong partnerships with both new and existing Univar Solutions suppliers, and a proven track record of service excellence, Vicom is a highly complementary fit and will add even more value to our customers as we expand our solution offerings to meet trends and drive sustainable options as we continue growing together.”
Teresa García, president of the board, Vicom, said: “We are very excited to join Univar Solutions to offer our customers an even broader portfolio of critical solutions for their applications. We share a deep commitment to customer service through an enhanced experience, and I am confident we have a very bright future ahead as part of Univar Solutions.”
Terms of the transaction were not disclosed.
Credit: Source link