November 3 2014, David R Brown
Univar buys D'Altomare Quimica Ltda to expand its market presence in Brazil
Global chemical distributor, Univar Inc., has announced that it has acquired D'Altomare Quimica Ltda., a Brazilian distributor of specialty chemicals and ingredients, through Univar Brasil Ltda. The acquired business will be combined with Univar's Brazilian operations.
This transaction expands Univar's geographic footprint and market presence in Brazil and across Latin America
Erik Fyrwald
Univar President and CEO
“This transaction expands Univar's geographic footprint and market presence in Brazil and across Latin America,” said Univar President and Chief Executive Officer Erik Fyrwald. “D'Altomare's portfolio of specialty ingredients, coatings, lubricants, and adhesives are a complimentary addition to our existing product portfolio. In addition, D'Altomare has a solid reputation as a value-added and solutions-driven service provider in high-growth specialty markets including personal care, pharmaceuticals, electronics and aviation.”
Founded in 1972, D'Altomare specialises in the distribution of chemicals and specialty ingredients for the pharmaceutical, personal care, food, agriculture, transportation and other industrial markets. The company has headquarters in São Paulo, and operates distribution facilities in Embu and Manaus.
“We are confident that the opportunity of combining D'Altomare with Univar will offer new potential not only for our customers, but also our suppliers and employees,” said Nita Zoppetti, major shareholder of D'Altomare.
Univar established a significant presence in the Brazilan distribution market when they acquired Arinos Quimica Ltda in 2011.
About Univar
Founded in 1924, Univar is a leading global chemical distributor of industrial and specialty chemicals and related chemistry services. Univar sources from over 8,800 producers worldwide and provides its customer base, made up of 133,000 customers, with a full portfolio of specialty products. Univar operates a network of over 700 distribution facilities throughout North America, Europe, the Asia-Pacific region, and Latin America, with additional sales offices located in Eastern Europe, the Middle East, and Africa.
Source(s): Univar Press Release
Further Information
Visit: http://www.univar.com