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Ellis & Everard
Ellis & Everard, the chemicals distributor, is to accept a £310m takeover bid from Vopak of the Netherlands, although a rival bid could still be launched by another company.
Ellis & Everard is looking to expand its chemicals distribution business in the US, and aims to spend about £20m on capital investment projects and £50m on acquisitions.
Ellis & Everard, the chemicals distributor, is looking to expand its geographic coverage in the US and has also announced plans to launch a business e-commerce site.
Ellis & Everard has acquired Allegro Chemicals of Ireland, in order to consolidate its position as one of Ireland's leading chemical distributors.
Ellis & Everard is acquiring Performance Polymers, the US polymer distributor, for £7.8m, as part of a strategy to reduce its dependence on the more cyclical commodity chemicals sector.
Ellis & Everard has acquired Mozel, the paints and coatings business based in St Louis, for £13m, as part of its strategy to expand its product range and geographical coverage.
Ellis & Everard has acquired Chemitrade, the Manchester-based distributor of solvents, for £7.4m.
Ellis & Everard is acquiring Giltrain Plastics, the Yorkshire-based supplier of polymers, for £4.15m.
Ellis & Everard has acquired George Mann, the US distributor of caustic soda, bleach and chlorine, and Surphos Chemicals, the Benelux surfactants and phosphates distributor.