Univar announced that its acquisition of the Quaron business in Belgium and the Netherlands, approved by the European Commission on July 16, 2010, will not require any further regulatory approvals. The transaction is expected to close as scheduled in the first week of January 2011.
Quaron, a chemical distributor with 5,000 customers in more than 30 countries, has capabilities including laboratories, blending tanks, bulk and warehouse storage in the Benelux region, which makes the Benelux business of Quaron an excellent fit for Univar, its customers and suppliers. It combines its asset base and logistics network with a focus on providing added-valued services. Like Univar, Quaron is committed to safety and environmental protection in every aspect of its operation.
Rapid and seamless integration of Quaron’s Benelux operations into Univar will be a top priority. Univar will focus on making a smooth transition for Quaron’s suppliers and customers, with no disruption to the existing business relationship. Univar will also concentrate on helping employees integrate effectively from both companies, ensuring that human capital on both sides is used to its full potential.
“Culturally and strategically Univar and the Benelux business of Quaron are a great match, and we expect to see significant benefits for suppliers and customers of both companies,” explains John van Osch, President, Univar Europe, Middle East and Africa. “The addition of Quaron’s logistics network, product portfolio and highly skilled employees to our business, as well as their customer relationships, will support our ambitious growth plans in the EMEA region.”