The Woodlands, Texas -- Chemicals distributor Nexeo Solutions announced it has successfully acquired Archway Sales Inc as part of its plans to expand its presence in the specialty chemicals sector.
The acquisition enhances Nexeo Solutions’ offerings to the CASE application field within the polyurethanes industry, said the company in a press release.
“We see this acquisition as a union of strengths,” said Nexeo Solutions’ president and CEO David Bradley.
“Archway has a very strong sales force and excellent brand equity in the marketplace, which will maximise our opportunities for growth.”
David Baumstark will serve as president and will continue to lead the business and operations out of its existing facilities.