Lone Star to acquire Manuchar from Ackermans & van Haaren.

Lone Star, a private equity firm, agreed to acquire Manuchar, a provider of chemicals and commodities distribution services intended for emerging markets, from Ackermans & van Haaren, a group active in different industries by investing in companies based on long-term partnerships. Financial terms were not disclosed. “We are proud of having contributed to Manuchar's impressive track record over the last 15 years. Manuchar has evolved from a logistics and trade services group to a leading integrated chemicals distributor across geographies with a diversified product offering. We are convinced that its talented management team and 2.25k employees across the world will, together with Lone Star, further build out the group's reputation as one of the most reliable chemical distributors for emerging markets," John-Eric Bertrand, Ackermans & van Haaren Member of the Executive Committee.