Safic-Alcan SAS, a French specialty chemical distribution company, has acquired Techform Fine Chemicals Ltd, a chemical distributor specializing in the construction sector in the United Kingdom and Ireland.
“The acquisition of Techform will enable us to strengthen our footprint in the construction sector and widen our group expertise in this field,” explained Yann Lissillour, director of mergers and acquisitions for Safic-Alcan.
The company is making the acquisition under its Safic-Alcan UK subsidiary.
Techform produces and distributes a wide range of products, including polymers, thickeners, accelerators, plasticizers, and specialty additives under its private label name.
“This fits well and will ensure future growth” added Mike Strong, director of Techform Fine Chemicals Ltd., who will continue in a consultancy role.