Univar Solutions acquires Chem Sol
Univar Solutions has acquired Chem Sol Group, a leading ingredients and specialty chemicals distributor operating in Costa Rica, Guatemala, El Salvador, Panama, and Honduras.
According to company information, the acquisition of Chem Sol will enhance the Univar Solutions’ geographic footprint in the growing Central American region, as well as its formulation and commercial offering across a wide array of key growth markets. These markets include coatings, adhesives, sealants, and elastomers; beauty and personal care; pharmaceutical excipients; food; lubricants and metalworking fluids. Terms of the transaction were not disclosed.
“Strengthens both our Ingredients and Specialties portfolio”
“The Chem Sol business strengthens both our Ingredients and Specialties portfolio and our geographic reach, further enhancing Univar Solutions position as a strategic partner of choice to our suppliers and customers,” said Nick Powell, president of Global Ingredients & Specialties for Univar Solutions.
