Industry News

Univar to Acquire CHEMCENTRAL

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Univar N.V., a world leader in chemical distribution, announced that its US subsidiary, Univar USA, has entered into an agreement to acquire 100 prcent of the shares of CHEMCENTRAL Corporation for approximately US $600 million in cash, including assumed debt. Closing is expected to be completed in April 2007, and is conditional upon receipt of certain regulatory approvals, approval by CHEMCENTRAL shareholders and other customary closing conditions. CHEMCENTRAL, established in 1926, is a p...

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