M&A Reshapes Distribution Sector

The chemical distribution industry is being reshaped by M&A, with recent deals that have made several major players even bigger and raised customer concerns regarding pricing and service, consultants say. Private equity firms have conducted most of the major distribution deals this year and now command a large share of the market, says Marc Fermont, senior partner at DistriConsult (Leysin, Switzerland). Their influence, as well as new regulations and antitrust investigations, have brought the industry to a turning point, Fermont told attendees at the National...

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