Safic-Alcan acquires the Distribution Business from Chimsnab BG in Bulgaria

Specialty chemicals distributor Safic-Alcan SA (Paris, France) earlier this week announced that it has acquired the chemical distribution business of Chimsnab BG JSC (Ruse, Bulgaria).

Chimsnab, which is focussed on polymer compounds and specialty chemicals, has offices in Sofia and Ruse. The latter location on the border to Romania is also being used as a logistics hub. The company had sales of ca. EUR 9 mn in 2014, with a staff of 18, which have all transfered to the new company, Safic-Alcan said in the statement.

Source: Safic-Alcan press release

HGE – DCG / 07.08.2015