11 December 2012 20:37 [Source: ICIS news]
HOUSTON (ICIS)--Univar closed on its acquisition of Magnablend, the US-based distributor said on Tuesday.
In oil and gas, Magnablend focuses on chemicals such as guar gum slurries, cross linkers, breakers and buffers.
Terms of the deal were not disclosed.
This year, Magnablend's sales should exceed $400m (€308m).
($1 = €0.77)
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