Univar Inc. recently announced that it has completed its acquisition of Basic Chemical Solutions LLC (BCS), a global distributor and trader of commodity chemicals. Concurrent with the close of the acquisition, Mark Byrne, president and CEO of BCS, was appointed executive vice president and COO of Univar.
“This has been a tremendous year for Univar, culminating with the acquisition of BCS,” said John Zillmer, president and CEO, Univar. “Heading into 2011, Univar is very well-positioned with our expanded global distribution network, enhanced global sourcing capabilities and unique value-added services. I am very pleased that Mark Byrne has joined the executive team, as his experience and leadership will ensure a seamless transition for BCS and help us to deliver enhanced value for customers and suppliers worldwide.”
“We are very excited about the opportunity to combine our two great businesses and the significant synergies that can be created,” said Byrne. “We are committed to a seamless transition for all of our employees and business partners as we form a solid foundation for one company, building on the respective strengths of both Univar and BCS.”
For additional details, visitwww.univar.comorwww.basicchem.com.
Univar Completes Basic Chemical Solutions Acquisition
January 4, 2011