Univar to Acquire Basic Chemical Solutions

Univar, the second-largest chemical distributor worldwide, says it will acquire commodity chemicals distributor and trader Basic Chemical Solutions (BCS; Redwood City, CA). Financial terms were not disclosed. The deal is expected to close in the first quarter of 2011. “The acquisition will enhance Univar’s ability to provide value in the supply chain between the company and chemical end-users and strengthen the company’s global sourcing capabilities,” the company says. “We are extremely pleased to announce this combination with Basic...

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