Univar to acquire US commodity chemicals distributor BCS

12 October 2010 19:36  [Source: ICIS news]

TORONTO (ICIS)--Global chemicals distribution major Univar agreed to acquire US-based Basic Chemical Solutions (BCS), an international distributor and trader of commodity chemicals, it said on Tuesday.

BCS, with sales of $889m (€641m) last year, was a distributor of a select list of basic commodities with a unique integrated distribution model that combined bulk and mini-bulk distribution with a global procurement and trading platform, Univar said.

Univar expects to complete the acquisition in the first quarter of 2011, it added without disclosing financial terms.

($1 = €0.72)

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