MOSCOW (MRC) -- Nexeo Univar Inc., has announced that it has completed the acquisition of Nexeo Solutions, creating a leading global chemical and ingredients solutions provider, as per Plastics-Technology.
The combined company will conduct business as Univar Solutions, reflecting a commitment to combining the 'best of the best' from each legacy organization.
"Univar Solutions is uniquely positioned to drive growth and deliver significant value for shareholders, customers, suppliers and employees," said David Jukes, Univar Solutions president and chief executive officer. "Together, we have the ability to redefine chemical and ingredients distribution, to deliver superior growth for our partners, people and shareholders."
As MRC informed earlier, Nexeo Solutions, Inc. and The Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand announced the expanded distribution relationship to include Chemetall’s surface treatment portfolio developed for the aerospace industry in the United States.
Chemetall, a leading global one-stop supplier for Aerospace OEMs and maintenance companies, with its well-known line of products including Ardrox and Naftoseal brands, offers sealants, non-destructive testing (NDT) products, corrosion inhibitors, cleaners, pretreatments and paint strippers for airframe, aircraft operation and aero-engine applications.
MRC