TITLE

Survival of the fittest

AUTHOR(S)
Zwirn, Ed
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the acquisition of privately held company CHEMCENTRAL by chemical distributor Univar of Netherlands. It emphasizes that the acquisition was considered a major expansion into the U.S. market for the acquirer and one that comes at a slightly more costly multiple. Former CHEMCENTRAL chief executive officer (CEO) John Yanney mentions that there are fears that the deal may create a monopolistic presence that could result into a negative impact on the broader chemical sector.
ACCESSION #
25735675

 

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