Ti Logistics Briefing & News: Private equity boosts consolidation in chemical distribution sector.

0 Comments | M2 Presswire, July, 2007

M2 PRESSWIRE-11 July 2007-Transport Intelligence Ltd: Ti Logistics Briefing & News: Private equity boosts consolidation in chemical distribution sector(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:11072007 Latest news and brief from Transport Intelligence Private equity boosts consolidation in chemical distribution sector 11/Jul/2007 The board of Univar N.V.

one of the largest chemical distributors in the world, has agreed to be bought by the private equity company CVC Capital Partners for *1.52billion. The offer represents a large premium on the share price. CVC Partners has created a Luxemburg company, called Ulysses, as a vehicle for the purchase. The Dutch bank ING will also invest in the business. Univar has a global presence in chemical...

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