Univar has signed an agreement to acquire the Quaron Group, a distributor of chemicals in Belgium, France and the Netherlands.

"We are pleased to announce an agreement to add the Quaron group to Univar," said Univar's CEO John Zillmer. "The combined organizations will provide Univar's supplier partners with greater opportunities for sales growth and technical service for their customers. For our customers, the acquisition offers better product selection and enhanced value-added services from our strong logistics platform."

The acquisition is subject to regulatory approval by the EU Commission.