Univar to Acquire Basic Chemical Solutions
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Univar Inc. and Basic Chemical Solutions, L.L.C. (BCS) announced that they have signed a definitive agreement for Univar to acquire BCS. The acquisition is expected to close in the first quarter of 2011, subject to customary closing conditions.
BCS is a global distributor of a select list of basic commodities with a unique integrated distribution model, combining bulk and mini-bulk chemical distribution with a global procurement and trading platform. 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.