Univar Inc. recently announced it has completed the acquisition of leading Turkish chemical distributor Eral-Protek. All 39 employees have transitioned to the combined entity.
Eral-Protek is a leading player in the region’s mid-sized chemical distribution sector and has a strong reputation with more than 25 years’ experience in the Turkish market. The acquisition, together with the Istanbul and Izmir operations of Basic Chemical Solutions LLC, whose global business was acquired by Univar in December, will give Univar a solid local presence in the region.
“We are confident that this acquisition will significantly contribute to the development of our business and the success of our growth strategy,” said David Jukes, president, Europe, Middle East and Africa, Univar. “We look forward to an exciting and successful future with our combined business and to continuing the good work already accomplished in the past months in order to ensure a successful integration.”
For additional details, visitwww.univar.comorwww.Eral-Protek.com.
Univar Completes Eral-Protek Acquisition
March 22, 2011