# Univar Solutions to acquire Techi Chem's silicone distribution business in China

Univar Solutions agreed to acquire the coatings, adhesives, sealants and elastomers (CASE) business of Zhuhai Techi Chem Silicone Industry Corporation, a distributor of specialty silicone solutions in China.

- Type: Acquisition
- Announced: 2020-11-30
- Where: Guangdong, China
- Status: announced
- Products: specialty silicone solutions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Univar Solutions](https://endata.com/companies/15507.md) (acquirer)
- [Zhuhai Techi Chem Silicone Industry Corporation](https://endata.com/companies/51525.md) (target)

## Sources

- [chemical-distributors.com](https://www.chemical-distributors.com/news/newsarticle.asp?newsid=658), 2020-11-30: "Univar Solutions says it wholly owned subsidiary, Univar Solutions China Co. Ltd., has agreed to acquire the coatings, adhesives, sealants and elastomers (CASE) business of Zhuhai Techi Chem Silicone Industry Corporation."
- [prnewswire.com](https://www.prnewswire.com/news-releases/univar-solutions-announces-agreement-with-zhuhai-techi-chem-silicone-industry-corporation-301181915.html), 2020-11-30: "This agreement aligns to the Company's global approach to its dedicated end market verticals as it provides new opportunities for growth by further positioning Univar Solutions to bring differential value to customers and suppliers within the CASE market."
- [en.prnasia.com](https://en.prnasia.com/releases/apac/univar-solutions-announces-agreement-with-zhuhai-techi-chem-silicone-industry-corporation-300800.shtml), 2020-12-01: "Univar Solutions Inc. announced today that its wholly owned subsidiary, Univar Solutions China Co. Ltd., has reached an agreement with Zhuhai Techi Chem Silicone Industry Corporation to acquire the business to distribute innovative specialty silicone solutions."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/98226-univar-solutions-to-acquire-zhuhai-techi-chem), 2020-12-09: "Univar Solutions has the capability to consistently provide our suppliers and customers with added value services to assist in their pursuit of growth and we are very excited to add the depth and breadth of Techi Chem's leading specialty silicone solutions within the China marketplace"
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2546-acquisitions?page=27), 2020-12-21: "Univar Solutions Inc. recently announced that its wholly owned subsidiary, Univar Solutions China Co. Ltd., has reached an agreement with Zhuhai Techi Chem Silicone Industry Corp. (Techi Chem) to acquire the business to distribute specialty silicone solutions."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=30), 2021-01-06: "Univar Solutions Inc. recently announced that its wholly owned subsidiary, Univar Solutions China Co. Ltd., has reached an agreement with Zhuhai Techi Chem Silicone Industry Corp. (Techi Chem) to acquire the business."

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