Nexeo Solutions to divest plastics distribution business to One Rock Capital Partners

Nexeo Solutions agreed to divest its plastics distribution business (Nexeo Plastics) to an affiliate of One Rock Capital Partners for an enterprise value of $640 million. The transaction is expected to close in the first half of 2019.

“Today's announcement marks the conclusion of our strategic review for Nexeo's Plastics Business and enables us to concentrate our energy on the core chemical distribution business.”prnewswire.com

• 2 sources
• prnewswire.comUnivar and Nexeo Solutions Announce Divestiture of Nexeo's Plastics Distribution Business to One Rock Capital PartnersUnivar Inc.Feb 8, 2019
• cen.acs.orgOne Rock grabs plastics distributorMarc ReischFeb 15, 2019

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