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CVC Capital Buys Univar

By Staff -- Purchasing, 8/16/2007

CVC capital partners' offer for Univar could further consolidate a chemicals distribution industry that has seen its share of acquisitions lately. This latest move will enhance Univar's financial capability, says Gary Pruitt, chairman & CEO, "and that flexibility will enable us to further accelerate our expansion plans." This spring, Univar acquired chemical distribution giant Chemcentral. Univar takes the number-one spot on Purchasing's Top 100 chemicals distributor list for 2007.

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