Paris - Safic-Alcan has acquired UK chemicals distributor Langley-Smith & Co. for an undisclosed sum.
Established in 1907, Langley-Smith is a London-based speciality chemicals distributor in the UK, Ireland and mainland Europe.
The company a focuses on sectors such as on adhesives, paint & coatings, polymer modification and rubber processing.
In an 18 March press release, Safic-Alcan described Langley-Smith as “an excellent fit” within its existing operations.
“The acquisition of Langley-Smith will cement our position... in the UK and Ireland, as well as develop our capabilities in mainland Europe” stated Yann Lissillour, director of mergers and acquisitions for Safic Alcan.
Also commenting on the purchase, David Crow, owner & managing director of Langley-Smith said the move would “open a new chapter for both companies’ industrial businesses”.
“[Langley-Smith is] Trusted by customers and suppliers, [and] we are grateful that the owners will ensure a smooth transition to preserve the unrivalled expertise,” concluded Philippe Combette, CEO of Safic-Alcan.
Based in Paris-La Defense, Safic-Alcan develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, pharmaceuticals and cosmetics industries.
The group, which posted sales revenues of €611m in 2018, is present in all major countries of the European Union, as well as in Turkey, and China.
Safic-Alcan also states that it has "on-going strategic development in Eastern Europe, the US and Mexico".