Unipex Group, through its wholly owned subsidiary, Unipex Solutions Canada Inc., announced today the acquisition of Ferguson Chemical Innovation.
With the acquisition of Ferguson Chemical Innovation (Ferguson), Unipex Solutions Canada strengthens its industrial portfolio and gains access to new markets and customers for its existing line of products in Canada and the United States.
Ferguson's proven manufacturing and supply experience to the Rubber, Coatings, Plastics and Graphic Arts markets in Canada and the United States, along with its combination of strong technical support and innovative proprietary products, has allowed the company to develop a unique position with customers in North America.
"This acquisition is essential to our growth plans for the industrial portion of our business and will considerably increase our footprint in North America," said Patrice Barthelmes, President and CEO of the Unipex Group. "The quality suppliers represented by Ferguson and the high level of professionalism we have observed in the Ferguson team are complementary to Unipex' lines of products and business approach. The combination of Ferguson's value-added capabilities and Unipex' ability to market these products will generate a real opportunity for both businesses to benefit from each other's strengths. We are delighted to have David Jackson join our management team to help us grow our business, and are equally happy to welcome the Ferguson team into our group."
"I'm proud to bring my team and Ferguson's century in specialty chemical distribution expertise to the Unipex family," said David Jackson, President and CEO, Ferguson Chemical Innovation. "And I'm excited about the competitive muscle and marketing-reach this deal represents for our customers."
For the time being, Ferguson will retain its own visual identity and operate as a boutique brand under the Unipex umbrella.