April 1 2021, David R Brown
GDP Companies acquires European thermoplastics distributor, Distrupol from Univar
GPD Companies, Inc (GPD), an affiliate of One Rock Capital Partners, LLC (One Rock), has completed the acquisition of Distrupol, a leading European distributor of thermoplastics to the polymer processing industry, from Univar Solutions Inc (NYSE: UNVR). Terms of the transaction have not been disclosed.
With two strong independent companies, GPD is well positioned to increase its presence in global plastics distributionPaul Tayler
CEO of GPD Companies, Inc.
Headquartered in Chertsey, UK, Distrupol is a leading European distributor of thermoplastic polymers and elastomers, serving more than 1,300 customers across 13 countries. Its product range is certified and approved in industries such as automotive, medical, food and electrical. The company operates warehouses in the UK, Ireland, Sweden, Finland and the Netherlands.
“We welcome Distrupol to the GPD family and look forward to furthering the company's legacy for innovation and service among its trusted network of European suppliers and customers,” says Paul Tayler, Chief Executive Officer of GPD. “With two strong independent companies, GPD is well positioned to increase its presence in global plastics distribution.”
Distrupol will become part of GPD, a global holding company for value-added plastics distribution entities including Nexeo Plastics. Under GPD’s ownership, Distrupol and Nexeo Plastics will continue to operate as independent entities and brands and be led by their existing management and commercial teams.
About GDP Companies, Inc.
GPD Companies, Inc. is a holding company formed by One Rock Capital Partners, LLC with the intent to create a leading group of global, value-added distributors. Its operational entities currently include Nexeo Plastics and Distrupol.
Source(s): GPD Companies Press release