IHS Chemical Week

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Nexeo Solutions acquires specialty distributor Archway

8:12 AM MST | February 11, 2014 | Lindsay Frost

Nexeo Solutions, a chemical distributor, announced today that it has signed an agreement to acquire Archway Sales (St. Louis), a specialty chemical distributor. The acquisition will expand Nexeo’s coatings, adhesives, sealants, and elastomers reach—expanding the company's presence in specialty chemicals. Financial terms of the agreement have not been disclosed. The transaction is expected to close on 1 April. “Archway's specialty portfolio closely aligns with our end market strategy," says Nexeo president and CEO David Bradley. "The...

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