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Advent International and Wilbur-Ellis announced the merger of their life sciences and specialty chemicals solutions businesses, Caldic and Connell, to create a global value-add distribution platform with combined sales of around EUR 3 billion. The merger combines Caldic's presence in Europe, North America, and Latin America with Connell's strong position in Asia-Pacific.
“Advent International and Wilbur-Ellis today announced that they have reached an agreement to merge their life sciences and specialty chemicals solutions businesses, Caldic B.V. and Connell, to create a global leader in its sector.”prnewswire.com
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