Univar USA Acquires Chemical Associates

Chemical Associates has 14 locations in the U.S.

Univar Inc. (NYSE: UNVR), Downers Grove, IL, through its wholly-owned subsidiary, Univar USA Inc., has acquired Chemical Associates Inc., Copley, OH, a manufacturer and distributor of oleochemicals. Financial terms of the acquisition were not disclosed.

Chemical Associates serves customers from 14 locations throughout the U.S. The acquired business will be combined with Univar USA's operations.

"The acquisition of Chemical Associates will help increase the value Univar can bring in a number of our key markets such as personal care, food, cleaning and sanitization, lubricants, and coatings and adhesives," said Univar President and CEO Erik Fyrwald.

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