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March 19, 2019 02:00 AM

Safic-Alcan acquires U.K, chemicals distributor

European Rubber Journal Report
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    PARIS—Safic-Alcan has acquired United Kingdom chemicals distributor Langley-Smith & Co. for an undisclosed sum.

    Established in 1907, Langley-Smith is a London-based specialty chemicals distributor serving the U.K., Ireland and mainland Europe. The company a focuses on sectors such as adhesives, paints and coatings, polymer modification and rubber processing.

    In a March 18 news release, Safic-Alcan described Langley-Smith as "an excellent fit" within its existing operations.

    "The acquisition of Langley-Smith will cement our position … in the U.K. and Ireland, as well as develop our capabilities in mainland Europe," Yann Lissillour, director of mergers and acquisitions for Safic Alcan, said in a statement.

    David Crow, owner and managing director of Langley-Smith, said the move would "open a new chapter for both companies' industrial businesses."

    Langley-Smith is "trusted by customers and suppliers, (and) we are grateful that the owners will ensure a smooth transition to preserve the unrivaled expertise," Safic-Alcan CEO Philippe Combette said in a statement.

    Based in Paris-La Defense, Safic-Alcan develops and provides wide ranges of polymers, materials and additives for the rubber, coatings, pharmaceuticals and cosmetics industries.

    The group, which posted revenue of $694 million in 2018, operates

    Safic-Alcan also states that it has "on-going strategic development in Eastern Europe, the US and Mexico."

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