Industry News, Mergers and Acquisitions, Suppliers News

Univar Acquires Nexeo

Agreement is a cash and stock transaction valued at approximately $2 billion.

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By: Anthony Locicero

Copy editor, New York Post

Univar Inc., a global chemical and ingredient distributor and provider of value-added services, and Nexeo Solutions, Inc., a leading global chemicals and plastics distributor, jointly announced they have entered into a definitive agreement for Univar to acquire Nexeo in a cash and stock transaction valued at approximately $2 billion, including the assumption of Nexeo’s debt and other obligations, or $11.65 per Nexeo share, subject to adjustment as described below.    “This transfor...

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