01.24.23
Univar Solutions Inc. will acquire Kale Kimya, a leading Turkish specialty chemicals distributor. Terms of the agreement were not disclosed. The deal is expected to close in the first quarter.
Kale Kimya was founded in 1975. According to Univar, the company 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.
"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, global ingredients & specialties, Univar. "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."
According to Kale Kimya CEO Birgen Kaleağası Özemre, the 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,” said Kaleağası Özemre.
Kale Kimya was founded in 1975. According to Univar, the company 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.
"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, global ingredients & specialties, Univar. "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."
According to Kale Kimya CEO Birgen Kaleağası Özemre, the 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,” said Kaleağası Özemre.