First Pacific Advisors (Trades, Portfolio) purchased a 24,803,969-share stake in Nexeo Solutions Inc. (NASDAQ:NXEO) on June 8.
Nexeo Solutions began its business operations on April 11, 2011. It is a global leader in chemical and plastics distribution. Nexeo Solutions offers more than 23,000 products across North America, Europe, Asia and the Middle East from over 1,300 suppliers. Nexeo Solutions supplies raw materials used in a broad cross section of industries including chemical manufacturing, oil and gas, coatings, adhesives, paints, personal care, automotive and health care. It offers custom blending, packaging services, analytical and formulation services and customized environmental services to more than 27,500 customers worldwide. Nexeo Solutions employs approximately 2,450 employees globally. Continue Reading »