Univar buys on two continents
Univar Solutions has acquired two regional distributors of speciality chemicals in quick succession, the ChemSol Group in Latin America coming shortly after Kale Kimya in Turkey. In both cases, terms were not disclosed and completion is expected within Q1. Univar said that the buys will enhance both its regional footprint and its formulation and commercial offering in key growth markets.
ChemSol distributes ingredients and speciality chemicals in Costa Rica, Guatemala, El Salvador, Panama and Honduras. Its main markets include beauty and personal care, pharmaceutical excipients, food, coatings, CASE, lubricants and metalworking fluids.
Istanbul-based Kale Kimya, meanwhile, offers formulation laboratory capabilities and technical expertise as well as an its product portfolio. This includes beauty and personal care products, plus home and industrial cleaning products, including surfactants, actives, emulsifiers, preservatives, UV filters, fragrances, polymers, conditioners, esters and emollients.