THE WOODLANDS, Texas–(Organization WIRE)–Jan 22, 2021–
GPD Providers, Inc., an affiliate of A single Rock Cash Companions, LLC (“One Rock”), these days introduced that it has entered into a definitive agreement to acquire Distrupol, a subsidiary of Univar Options Inc. (NYSE: UNVR) and a leading European distributor of thermoplastics to the polymer processing sector. Terms of the transaction, which is envisioned to close in the initial half of 2021, were not disclosed.
Headquartered in Surrey, England, with broad geographic get to throughout Europe, Distrupol has offered value-additional income and application enhancement of thermoplastic resins for above 50 years. By way of its a long time-prolonged relationships with environment class supply companions, the business delivers a strong array of excellent performance merchandise and solutions that satisfy the requirements of assorted close people from leading and rising industries, this kind of as the client, professional medical, automotive, and electrical sectors, among many others. Distrupol caters to around 1,300 consumers throughout 13 international locations with a portfolio of over 4,000 grades of significant-top quality polymers, including sustainably derived solutions that reduce environmental effect.
“Our acquisition of Distrupol adds to A person Rock’s existing holdings in the plastics field, improves our scale and proceeds the execution of our method to construct a top group of world distributors,” said Tony W. Lee, Controlling Lover of Just one Rock. “Distrupol has recognized a standing for solution and technological know-how, innovation and dependability among its deep network of European suppliers and clients, and we seem forward to stewarding the continued results of the enterprise and its valued associates.”
Next the closing of the transaction, Distrupol will be part of a top team of finest-in-course global distributors that also involves Nexeo Plastics. Distrupol will operate as a standalone, impartial entity less than its present model and will be led by its present administration and commercial teams.
“One Rock has considerable expertise in, and deep information of, the specialty plastics and distribution place and shares our enthusiasm for collaboration. We are delighted to be a part of a top group of international distributors, though permitting our crew to preserve its unique identity and operate entrepreneurially in this environment,” claimed Richard Orme, Small business Director of Distrupol. “We will carry on to make meaningful price across the offer chain by relentlessly focusing on the wants of our shoppers and suppliers and boosting our provider and choices,” additional Andrew Canning, Organization Director of Distrupol.
About GPD Businesses, Inc.
GPD Providers, Inc. is a holding organization shaped by One Rock Funds Partners, LLC with the intent to develop a major group of international value-included distributors. Its operational entities presently contain Nexeo Plastics. Upon completion of its acquisition by GPD Providers, Inc., Distrupol will be part of the team. For more information and facts, visit www.gpdcompanies.com.
About A person Rock Capital Associates, LLC
A person Rock can make controlling investments in providers with possible for development and operational advancement employing a demanding technique that makes use of very professional Working Associates to identify, purchase and greatly enhance companies in pick out industries. The involvement of these Running Companions affords One Rock the potential to perform owing diligence and consummate acquisitions and investments in all varieties of conditions, irrespective of complexity. One particular Rock functions collaboratively with firm management and its Functioning Associates to create a comprehensive small business strategy focused on rising the enterprise and its profitability to enhance prolonged-term worth. For a lot more information, go to www.onerockcapital.com.
Call: Alex Jeffrey/Sam Fisher
Key phrase: EUROPE UNITED STATES UNITED KINGDOM NORTH The usa TEXAS
Sector Key phrase: Chemicals/PLASTICS Producing
Resource: GPD Organizations, Inc.
Copyright Organization Wire 2021.
PUB: 01/22/2021 08:33 AM/DISC: 01/22/2021 08:33 AM
Copyright Business Wire 2021.