Univar Solutions Inc. (NYSE:UNVR) signed an agreement to acquire Kale Kimya Kimyevi Maddeler Sanayi Ve Ticaret A.S. for approximately 130 million on January 23, 2023. Kale Kimya Kimyevi Maddeler Sanayi Ve Ticaret A.S. for cash consideration of ?125 million, subject to closing adjustments, and contingent consideration of up to ?7 million. Closing of the acquisition is expected to be completed within Q1 2023 and is subject to certain regulatory approvals.

As of May 8, 2023 the transaction is expected to close in the second quarter of 2023.