# 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.

- Type: Acquisition
- Announced: 2019-02-08
- Where: United States
- Value: $640.0M
- Status: announced
- Products: plastics, polymer products, engineering resins
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [One Rock Capital Partners](https://endata.com/companies/10860.md) (acquirer)
- [Nexeo Solutions](https://endata.com/companies/22082.md) (target)
- [Univar](https://endata.com/companies/25340.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/univar-and-nexeo-solutions-announce-divestiture-of-nexeos-plastics-distribution-business-to-one-rock-capital-partners-300792249.html), 2019-02-08: "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."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/One-Rock-grabs-plastics-distributor/97/i7), 2019-02-15: "The private equity firm One Rock Capital Partners has agreed to buy Nexeo Solutions’ plastics distribution business in a deal valued at $640 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.