Nexeo Solutions (The Woodlands, Tex.; www.nexeosolutions.com), a chemical distributor, announced that they have entered into an agreement to acquire Chemical Specialists and Development, Inc. (CSD), also known as Startex Chemical. Through this acquisition, Nexeo Solutions expands its capabilities in formula preparation, custom blending and laboratory testing. The acquisition also enhances Nexeo Solutions’ contract chemical packaging and private-label chemical packaging as CSD operates Startex Chemical, Prist, Arpol, and ST Labs in the marketplace. The transaction is expected to close before the end of 2013 and is subject to customary closing conditions and regulatory approvals.
Nexeo Solutions acquires CSD, strengthens end-market presence
| By Mary Page Bailey