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Univar Inc., Redmond, WA, a global distributor of chemistry and related services, has completed the acquisition of Quimicompuestos, a distributor of commodity chemicals in Monterrey, Mexico. Terms were not disclosed.
Quimicompuestos delivers products to more than 4,500 customers in 25 diverse end markets. The company has a nationwide distribution network in Mexico.
Quimicompuestos is a recognized leader in industries such as oil & gas and coatings & adhesives, according to Erik Fyrwald, president and CEO of Univar. “The combination provides a platform for future growth and enables us to offer our customers and suppliers the complete, end-to-end value proposition with both specialty chemical and commodity offerings,” he said.
Edmundo Sillas Vidal, president and CEO of Quimicompuestos, said the combination will create many synergies by providing enhanced services, access to a broader base of chemical manufacturers and products and opportunities to leverage Univar’s global capabilities.