Nexeo Solutions Announces Deal with K.D. Feddersen
(Thomson Reuters ONE) -
Nexeo Solutions Continues to Build Capability with DSM in Nordic Region
THE WOODLANDS, Texas, Feb. 28, 2017 (GLOBE NEWSWIRE) -- Nexeo Solutions, Inc.
(NASDAQ:NXEO), a leading plastics distribution company, announced that it has
entered into an agreement with German-based K.D. Feddersen to acquire inventory
and to serve customers currently provided with DSM products from K.D. Feddersen
Norden AB in the Nordic region.
This agreement has DSM's support and reflects Nexeo Solutions' continued focus
and commitment to optimize service and enhance their strategic position in the
Nordic region. Nexeo Solutions has recently expanded its local team in the
region to better position the Company for growth in this area.
"We see a lot of development opportunities in the Nordics with DSM's growing
product line card," said Nexeo Solutions' Senior Vice President of Plastics,
Shawn Williams. "We believe these new customers will be pleased with Nexeo
Solutions' project development service and expertise that comprehensively
addresses all key applications for engineered plastics."
"We congratulate our strategic partner Nexeo with this key milestone. This
expansion in the Nordics offers our joined customers increased reach, proximity
and best in class service," said Joost d'Hooghe, Commercial Director DSM
Engineering Plastics.
This transition of the customers from K.D. Feddersen to Nexeo Solutions is
expected to be completed on or before April 3, 2017.
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor,
representing products from world-class producers to a diverse customer base.
From product specification to sustainable solutions, the Company goes beyond
traditional logistics to provide value-added services across many industries,
including chemicals manufacturing, oil and gas, coatings, personal care,
healthcare, automotive and 3D printing. The Company leverages a centralized
technology platform to identify efficiencies and create solutions to unlock
value for suppliers and customers. Learn more at www.nexeosolutions.com.
For Further Information Please Contact
Media Relations, Nexeo Solutions
Tel: +1.281.297.0851, Media.Relations(at)nexeosolutions.com
Investor Relations, Nexeo Solutions
Tel: +1.281.297.0856, Investor.Relations(at)nexeosolutions.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nexeo Solutions, Inc. via GlobeNewswire
Datum: 28.02.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 527475
Anzahl Zeichen: 3054
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Town:
The Woodlands
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