10 June 2014
Details
With this transaction,
will be able to offer its extensive product line,
unmatched technical support,
dependable service and delivery to more customers
in the U.S. and now, across all of Canada.
Serving the entire composites marketplace including
custom fabrication, marine, transportation, and
aerospace markets,
Composites One will now be in a better position to expand
the innovative and unique services
it provides to composites manufacturers.
Leon Garoufalis,
President and COO of Composites One.
"We are looking forward to combining
the talent and experience of both organizations and creating
an even stronger platform to service all customers
who produce products using
traditional and advanced composite products.
We will continue to work diligently to
position ourselves as the
supplier of choice
to help our customers become more successful,"
David Bradley, President and CEO
" This divestiture reflects
Nexeo Solutions strategic direction and
fuels our multi-year transformation and commitment
to expand our presence in key end markets and
differentiate ourselves in the marketplace,”
“I believe the business and its employees
will thrive as part of an organization targeting growth
within the composites industry."
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