Safic-Alcan acquisition

Safic-Alcan, a leading speciality chemicals distributor, announces that it has acquired the distribution business of Chimsnab BG, a significant player in chemicals distribution in Bulgaria.

Chimsnab BG is focused on the distribution of high quality polymer compounds and speciality chemicals. Spelling out the rationale behind the sale, Martial Lecat, CEO of Safic-Alcan explained: "This acquisition will be used as a sourcing platform to further enlarge the product range of Safic-Alcan with some selected polymers and high performance compounds allowing it to serve most of its customers in the South Eastern Europe zone.”