27 November 2006 14:17 [Source: ICIS news]
LONDON (ICIS news)--Gadot Chemical Tankers and Terminals has acquired 100% of the shares in Dutch distributor Bax Chemicals for an undisclosed sum, the Israeli company said on Monday.
Gadot said the previous owner of Bax, Andre Bil, would continue to manage the company for the next two years, cooperating with existing Gadot subsidiary GCP Netherlands.
“Bax has a good stronghold with its clients in ?xml:namespace>
"We hope it can grow with our support,” he added.
Based in Spierdijk, the
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|