Distrupol Takes Lautrup Chemicals
Distrupol, a UK-based distributor of thermoplastics and elastomers, has acquired Lautrup Chemicals, a Danish polymers distributor. Financial terms were not disclosed.
Headquartered in Copenhagen, Lautrup Chemicals’ main market is in Scandinavia, but it is also present in Eastern and Southern Europe. The company maintains a chain of warehouses that it said are strategically located in its key markets. It also runs its own fleet of trucks.
Richard Orme, managing director of Distrupol, said the Chertsey, Surrey-based company was “looking forward to expanding the range and reach of our product and service offerings to customers across Europe.”
“The acquisition of the Lautrup Chemicals business by Distrupol further extends the presence of GPD and continues the execution of our growth strategy,” added GPD’s CEO, Paul Tayler.
Distrupol is an affiliate of GPD companies, following its acquisition in April by private equity group One Rock Capital Partners from previous owner and US-based multinational distributor Univar. Holding company GPD also owns Nexeo Plastics, acquired from Nexeo Solutions in March 2019, when the latter merged into Univar.
Author: Elaine Burridge, Freelance Journalist
