Skip to main content

Charles River to buy CiToxLab

Charles River Laboratories (CRL) has agreed to acquire CiToxLab in a €448 million merger that will create the largest player in the early stage CRO space for the pharmaceuticals industry. The deal is expected to close in Q2, subject to labour consultations, regulatory requirements and customary closing conditions.

Univar to divest Nexeo Plastics

Univar has agreed to sell the plastics distribution of Nexeo Solutions to One Rock Capital Partners. This is expected to close within 1H 2019 and net cash proceeds of about $615 million will be used to pay down debt. Both boards have approved the transaction.

Solenis takes over BASF business

Solenis, which was formerly part of Ashland, has completed the transfer of BASF’s paper wet-end and water chemicals, after all of the relevant regulatory approvals were received.

ECHA proposes action on microplastics

 

The European Chemicals Agency (ECHA) has, as requested by the European Commission a year ago as part of the EU plastics strategy, submitted a proposal for the restriction of microplastic particles that are intentionally added to mixtures used by consumers and professionals.

UPL takes Arysta from renamed Platform

 

Indian agrochemicals firm UPL has completed the acquisition of Arysta LifeScince from the Florida-based speciality chemicals conglomerate Platform Specialty Products, in a $4.2 billion deal that was signed in July 2018. This followed the last regulatory approvals.

Cefic, CIA issue Brexit guide

The European Chemical Industries Federation (Cefic) and the UK’s Chemical Industries Association (CIA) have jointly published a briefing note to support and prepare businesses for the eventualities of the UK leaving the EU, setting out practical considerations to maintain trade post-Brexit.
Subscribe to Current issue