Univar said Stochem will be integrated into the Univar Canada Ltd. business organization, but will continue to operate as a separate business unit.
Univar Acquires Canadian Distribution Company Stochem
AMSTERDAM - Univar N.V. of The Netherlands has acquired the assets of Stochem Inc., a Toronto-based distributor of specialty chemicals, for $11 million (U.S.) in cash. Stochem is a distributor to the coatings, ink, adhesives, building products, and other industrial markets.