Nexeo Solutions Completes Acquisition of DSM business from K.D. Feddersen Norden AB
4.4.2017 08:00 | NASDAQ OMX
THE WOODLANDS, Texas, 2017-04-04 08:00 CEST (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc. (NASDAQ:NXEO), a global leader in plastics distribution, announced that it has completed the acquisition of DSM product inventory and has started serving customers who were previously provided with DSM products by K.D. Feddersen Norden AB in the Nordic region.
With DSM’s support, Nexeo Solutions continues to optimize service and enhance its strategic position in the Nordic region. The expansion of the local team, and the acquisition of new DSM product customers and DSM inventory strengthens a distribution model committed to delivering innovative and high-quality products in the region.
“We are excited about the increased opportunities we see in the Nordics with the growing linecard from DSM,” said Nexeo Solutions’ Senior Vice President of Plastics, Shawn Williams. “These customers will benefit from the expertise of our local technical and service teams who can deliver comprehensive application development and supply chain solutions for specialty plastics.”
“We congratulate our strategic partner Nexeo with this key milestone. This expansion in the Nordics offers our joint customers increased reach, proximity, and best in class service,” said Joost d’Hooghe, Commercial Director DSM Engineering Plastics.
Effective immediately, Nexeo Solutions will fulfill current orders for DSM products not shipped by K.D. Feddersen Norden AB. Customers should place orders directly with Nexeo Solutions by contacting the Stenungsund office.
Nexeo Solutions Sweden AB
444 30 Stenungsund. SE
Tel: +46 303 72 95 00
Fax: +46 303 81 520
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.
FOR FURTHER INFORMATION PLEASE CONTACT
Media Relations, Nexeo Solutions
Tel: +1.281.297.0851, Media.Relations@nexeosolutions.com
Investor Relations, Nexeo Solutions
Tel: +1.281.297.0856, Investor.Relations@nexeosolutions.com
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