Univar Solutions, a leading global solutions provider to users of specialty ingredients and chemicals, signed an agreement to acquire leading Turkish specialty chemicals distributor Kale Kimya.
WHO: First established in 1975, Kale Kimya offers best-in-class formulation laboratory capabilities and technical expertise as well as an extensive product portfolio of beauty and personal care products, and home and industrial cleaning products, including surfactants, actives, emulsifiers, preservatives, UV filters, fragrances, polymers, conditioners, esters, and emollients. Headquartered in Istanbul, the company has exclusive representation of over 20 worldwide known producers and a wide range of logistic options through local warehouses in Turkey and the region. Kale Kimya plays a key role in the chemical industry supply in Turkey and over 30 export countries.
Univar Solutions is a leading global commodity and specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications.
IN THEIR OWN WORDS: "This acquisition further progresses our strategy to grow our Ingredients and Specialties business with a leading company that builds on and adds to our strengths, geographic footprint and product portfolio," said Nick Powell, President of Global Ingredients & Specialties. "I am delighted to soon welcome Kale Kimya to the Univar Solutions family. Their experience and knowledge will support our customers in the region, as we continue to capitalize on changing consumer trends in the marketplace."
Birgen Kaleağası Özemre, CEO, Kale Kimya said, "This acquisition is a great fit between two companies that share market-leading reputations, expert technical support, a spirit of innovation and relentless dedication to exceptional customer service. This will support the growth of our people and products even further, and I look forward to becoming a unified company with Univar Solutions."
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