Scandinavia: Chemicals Univar Agrees to Acquire Kemetyl Industrial Chemicals
This move has been undertaken by the US-based speciality chemicals company to expand its business activities. The acquisition is expected to close in early 2018.
Malmo/Sweden – Univar, one of the leading global distributors of industrial and specialty chemicals has recently announced that its wholly owned subsidiaries Univar in Sweden and Univar in Norway have reached an agreement to acquire Kemetyl Industrial Chemicals, a division of the Kemetyl Group. The company generates approximately 30 million dollars in annual sales. The acquisition is expected to close in early 2018.
Kemetyl Industrial Chemicals is one of the leading distributors of chemical products in the Nordic region and provides bulk and specialty chemicals, such as isopropanol, glycols, metal salts, minerals and polyacrylamides, to customers in Sweden and Norway.