Nexeo's per-share stock price closed at $10.01 on Sept. 17, just before the deal was announced. "This transformational combination is designed to create the premier global chemical and ingredients distributor, with exciting opportunities for our customers, suppliers, employees and investors," Univar President and CEO David Jukes said in a news release. "Together, we will drive growth and shareholder value with the largest North American sales force in chemical and ingredients distribution, the broadest product offering, and most efficient supply chain network in the industry," he added.