IHS Chemical Week

Composites One buys Nexeo's composites distribution assets

12:20 PM MDT | June 11, 2014

Composites One (Arlington Heights, IL), a distributor of raw materials and value-added services, announced today that it has signed an agreement with Nexeo Solutions to acquire Nexeo's composites distribution assets and employees. Financial terms of the agreement were not disclosed, and the transaction is expected to close on 1 July. The acquisition expands Composites One’s reach to more customers in the United States and Canada serving the composites market, including custom fabrication, marine, transportation, and aerospace markets. "This divestiture reflects...

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