Univar Completes Acquisition of Kemetyl Industrial Chemicals

Univar AB (Sweden) and Univar AS (Norway), wholly owned subsidiaries of Univar Inc (Univar) have successfully completed the acquisition of Kemetyl Industrial Chemicals, a division of the Kemetyl Group.

Kemetyl's offices in Sweden and Norway will continue to operate as usual while the integration process is completed.  A total of 15 Kemetyl employees from both locations will immediately join the Univar family.

"With the successful closing of this acquisition, Univar will enhance its brand, expand its leading position in the pharmaceutical market, and strengthen its expertise in water treatment in the Nordic region. Both our companies have deep experience and key competencies in the life sciences market, and we are excited to offer Kemetyl's portfolio of sustainable products to enhance our value to our customers," said Steve Newlin, Univar's chairman and CEO.

"Kemetyl Industrial Chemicals is a natural extension of Univar's existing strong market presence in EMEA. Our industrial customers will see tremendous benefit from Univar's outstanding service, market intelligence and distribution network," added Ketil Stave, Kemetyl Group's chairman of the board.