Burridge, Elaine
March 2007
ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p44
Trade Publication
The article reports on the agreement of Univar USA to buy private chemical distributor Chemcentral based in Chicago, Illinois. The price paid for the acquisition was $600m in cash, including assumed debt. Chemcentral supplies specialty and commodity chemicals and has centres in the U.S., Mexico, Canada, South America, Australia and the Caribbean. The significance of the deal to Univar is also reported.


Related Articles

  • Univar to buy Chemcentral for $600m. Zwirn, Ed // ICIS Chemical Business Americas;3/19/2007, Vol. 271 Issue 11, p4 

    The article reports on the plan of Univar USA to acquire chemical distributor CHEMCENTRAL. According to the announcement of Univar's parent company, the merged firms would have had about $8 billion of combined consolidated revenues on a pro forma basis in calendar year 2006. Univar USA President...

  • MERGERS & ACQUISITIONS.  // Paint & Coatings Industry;May2007, Vol. 23 Issue 5, p24 

    The article offers news briefs on mergers and acquisitions in the coatings industry. Univar USA has signed a revised deal to acquire CHEMCENTRAL Corp. Schering-Plough has offered to purchase Akzo Nobel's wholly-owned subsidiary Organon BiosSciences N.V. for $14.4 billion. Federated Paint and...

  • Univar Expands.  // Cosmetics & Toiletries;May2007, Vol. 122 Issue 5, p8 

    The article reports on the decision of Univar USA, subsidiary of Univar N.V., to acquire Chemcentral Corp. The integration of the two companies will broaden the product lines of Chemcentral as well as its product knowledge and expertise. The transaction reportedly amounts to $600 million in cash...

  • BUSINESS BRIEFS.  // Chemical Market Reporter;08/14/2000, Vol. 258 Issue 7, p33 

    Presents news briefs on chemical industry in the United States as of August 14, 2000. Launching of the Chemcentral International by the Chemcentral Corp.; Acquisition of the Kaiser Group International Inc. by Earth Tech Holdings Inc.; Information on the MG Force company.

  • Univar to Acquire ChemCentral. D'Amico, Esther // Chemical Week;3/21/2007, Vol. 169 Issue 10, p10 

    The article reports on the acquisition of ChemCentral by Univar. The deal will allow Univar to overtake Brenntag as the largest chemical distributor worldwide with combined estimated sales of about $8 billion. According to John Sammons of Univar, the deal will give Univar an instant increase in...

  • North American Sector Stalls. D'Amico, Esther // Chemical Week;11/19/2003, Vol. 165 Issue 42, p35 

    Explores the impact of the U. S. economic crisis on North American chemical distributors. Reason there has no major merger and acquisition activity in the region; Comments from Hank Waters, president of Ashland Distribution; Statement from John Sammons of Univar; Two separate organizations...

  • Chemcentral grows in Asia. Lerner, Ivan // Chemical Market Reporter;8/22/2005, Vol. 268 Issue 6, p29 

    Reports on Chemcentral's acknowledgement of the growing importance of the Asia-Pacific area to the chemical industry while solidifying its position in the area. Chemcentral's July 1, 2005 acquisition of the Australia-based distributor Solchem Pty Ltd.; Revenues of Solchem in 2004; Companies with...

  • Consolidation may look appealing, but there could major drawbacks later. Kamalick, Joe // ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p17 

    The article examines the drawbacks of consolidation in the chemical industry in light of the proposed acquisition of Chemcentral by Univar in the U.S. Chris Jahn, president of the National Association of Chemical Distributors, notes that the decreasing number of distributors could become a...

  • Univar Finally Acquires Long-Term Target ChemCentral. D'Amico, Esther // Chemical Week;5/23/2007, Vol. 169 Issue 18, p23 

    The article focuses on the acquisition of ChemCentral by Univar. The deal came down to timing and the willingness of the board of privately held ChemCentral to agree to the transaction, says Gary Pruitt, chairman at Univar. Univar and ChemCentral generate combined sales of about $8 billion/year....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics