Univar Solutions Acquires Central American Specialty Chemicals Distributor
Univar Solutions Inc. announced it has acquired ChemSol Group, an ingredients and specialty chemicals distributor operating in Costa Rica, Guatemala, El Salvador, Panama, and Honduras. The acquisition of ChemSol will enhance the company's presence in the Central American region, as well as its formulation and commercial offering across a wide array of key growth markets. These markets include beauty and personal care; pharmaceutical excipients; food; coatings, adhesives, sealants, and elastomers; lubricants and metalworking fluids.
"The ChemSol business strengthens both our ingredients and specialties portfolio and our geographic reach, further enhancing Univar Solutions position as a strategic partner of choice to our suppliers and customers," said Nick Powell, president of Global Ingredients & Specialties for Univar Solutions. "We're thrilled to help Central American customers solve some of their toughest challenges and stay ahead of industry-specific trends and regulatory changes by tapping into our continuous innovation, sustainable solutions, and global network of formulation and technical expertise, and commercial support."