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Quadra Chemicals Acquires Food Ingredients Distributor

9:49 AM MDT | July 16, 2008 | Kate Phillips

Specialty chemical distributor Quadra Chemicals (Vaudreuil-Dorion, Quebec) says it has acquired "substantially all of the assets" of Prescott & Company, Canada (Mississauga, ON), a specialty chemical distributor of food ingredients and industrial chemicals for the Canadian market. Financial terms were not disclosed. “The deal will strengthen Quadra’s position in one of its key business segments, nutritional and functional ingredients,” says Quadra CEO Tony Infilise. “The timing fits well for us since we have just completed a...

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