chemicals distributor

IMCD Seals Two Acquisitions and a Distribution Deal

Rotterdam-based speciality chemicals distributor IMCD kicked off the month of May agreeing a major distribution partnership and two outright acquisitions.

Change of Ownership for African Distributor Solevo

African specialty chemicals distributor Solevo has been sold by its former owner Helios Investment Partners to Development Partners International (DPI), a private equity firm focused on Africa, in a consortium with minority co-investors South Suez and European development finance institution, DEG.

IMCD Acquires Sweden’s ACM

In its second acquisition this month, IMCD has taken over Swedish minerals and chemicals distributor ACM. Financial terms of the transaction were not disclosed.

Univar Takes Turkey’s Kale Kimya

Univar has entered into an agreement to buy Kale Kimya, a leading Turkish specialty chemicals distributor. Financial terms of the deal, which is expected to close during the first quarter of 2023, were not disclosed.

Azelis to Distribute Myriant’s Bio-succinic Acid

Brenntag Pledges to Pay 30-45 Percent of Profit as Dividend