People & Business :: M&A
Nexeo to purchase CSD, strengthening US Gulf Coast presence
10:21 AM MDT | October 7, 2013 | Francinia Protti-Alvarez
Nexeo Solutions (The Woodlands, TX) has entered into an agreement to acquire Chemical Specialists and Development (CSD; Conroe, TX), also known as Startex Chemical. Financial details of the deal have not been disclosed. The transaction is expected to close before the end of 2013 and is subject to customary closing conditions and regulatory approvals. "This acquisition advances Nexeo Solutions' strategy, strengthens our end market presence, and increases our growth in the Gulf Coast region," says David Bradley, president and CEO of Nexeo. Nexeo says the...
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