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Univar expands Central American presence with ChemSol acquisition

Univar Solutions has acquired ChemSol Group, an ingredients and specialty chemicals distributor operating in Costa Rica, Guatemala, El Salvador, Panama and Honduras.

The US firm said the acquisition of ChemSol will enhance its geographic footprint in the growing Central American region, as well as its formulation and commercial offering across a wide array of key growth markets.

These markets include beauty and personal care; pharmaceutical excipients; food; coatings, adhesives, sealants, and elastomers; lubricants and metalworking fluids.

"We're thrilled to help Central American customers solve some of their toughest challenges and stay ahead of industry-specific trends and regulatory changes by tapping into our continuous innovation, sustainable solutions, and global network of formulation and technical expertise, and commercial support,” said Nick Powell, president of Global Ingredients & Specialties for Univar Solutions.

Ciro Guerra, founder and general director of ChemSol, added: “We are excited to join Univar Solutions and provide our customers and suppliers with access to more products, capabilities, and digital innovation that will help their businesses grow.

“Univar Solutions shares many of the values that are central to ChemSol's culture and strategy, including a commitment to collaboration, innovation, and a deep respect for teamwork, making it a seamless fit for our commercial partners and the perfect place for our team to continue growing their skills and careers."

The financial terms of the transaction were not disclosed.

See more about Univar Solutions

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Upcoming Events

NYSCC Suppliers' Day 2024

Javits Center, New York
1st - 2nd May 2024

9th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
25th - 26th June 2024

in-cosmetics Korea 2024

Hall C, Coex, Seoul, South Korea
24th - 26th July 2024

in-cosmetics Latin America 2024

São Paulo, Brazil
25th - 26th September 2024

IFSCC 2024

Recanto das Cataratas Thermas Resort, Iguazu Falls, Brazil
14th - 17th October 2024

SEPAWA

Estrel Congress Center, Berlin
16th - 18th October 2024

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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