News Article 2014

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October 10 2014, David R Brown

Ravago Chemicals (formerly BRCS) acquires UK specialty distributor, Innovia Solutions

Ravago Chemicals has announced that it has signed an agreement to acquire Innovia Solutions Ltd., a specialty chemicals distribution company supplying high performance raw materials to the coating, construction and allied industries in the UK and Ireland. The current management team of Innovia Solutions will continue to run the business as part of the Ravago Chemicals group of companies.

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Innovia Solutions (www.innoviasolutions.co.uk) was founded in 2003 and has developed into a highly regarded distributor in the coating and construction markets in the UK and Ireland. The company has specific expertise in water-based resins but also supplies a wide range of complementary resins and allied products including PU raw materials and flame retardants.

With the acquisition of Innovia Solutions, Ravago Chemicals has strengthened its footprint in the UK and Irish markets and builds on Ravago Chemicals existing operations across Western Europe, Central & Eastern Europe, Russia, Turkey, the Middle East and Africa.

Ravago Chemicals was previously known as Barentz Ravago Chemical Specialist (BRCS). The name changed to Ravago Chemicals when Ravago took 100% ownership of the 50:50 joint venture between Barentz and Ravago in January 2014. Ravago Chemicals forms part of the international Ravago Group, a leader in the distribution, resale, compounding and recycling of plastic and elastomeric raw materials.

About the Ravago Group
Ravago is a privately owned multinational company founded in 1961 which provides distribution, resale, compounding and recycling services for plastic and elastomeric raw materials through a broad network of 200 regional sales offices and production locations. Total Group sales amount to around €5.0Bn and the group employs some 5000 people.

Source(s): Innovia Solutions Press Release

Further Information

Visit: http://www.ravagochemicals.com