Safic-Alcan has announced that it has acquired the distribution business of Chimsnab BG, a Bulgarian distributor.
Chimsnab BG is focused on the distribution of high-quality polymer compounds and specialty chemicals. Spelling out the rationale behind the sale, Martial Lecat, CEO of SaficAlcan explained: “This acquisition will be used as a sourcing platform to further enlarge the product range of Safic-Alcan with some selected polymers and high performance compounds allowing it to serve most of its customers in the South Eastern Europe zone.”
Chimsnab BG operates with two regional offices, in Sofia and Ruse. Strategically located on the Romanian border and near Serbia, Ruse will also be used as a regional logistics hub.
