Caldic, a chemical supply chain services company that specializes in chemicals,food,pharmaceuticals,energy and power transmission, agreed to acquire Betaquímica, a solution provider of premium raw materials for industrial applications, from Biburu Inversiones, a financial and insurance company. Financial terms are not disclosed. “We are delighted to welcome the Betaquímica team aboard Caldic. Betaquímica has a strong foothold in Iberia and many other countries where Caldic is present, and it is recognized for its innovative solutions and customer centric way of doing business which is perfectly aligned with Caldic’s culture. The highly complementary portfolio, but more importantly the Betaquímica professionals, will be a valuable asset to the Caldic organization. Their expertise will enhance our ability to inspire value-add solutions across various applications and support further growth in the industrial formulation markets,” Laurent Pasqualini, Caldic Europe CEO.