Brad-Chem Holdings Acquired by Univar Solutions
Deal News | Feb 07, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a global leader in specialty chemicals and additives, has announced the acquisition of Brad-Chem Holdings, a UK-based leader in corrosion inhibitors and lubricant additives. This strategic acquisition includes Brad-Chem's joint venture Brad-Kem in Belgium and is aimed at expanding Univar’s offerings across Europe. The acquisition is expected to strengthen Univar’s Ingredients & Specialties division, allowing the company to meet the growing demand for specialty additives in lubricants and other industrial applications across the UK and Europe. This move highlights Univar’s commitment to sustainability and innovation, expanding their influence and capabilities in the European market. The integration of Brad-Chem's portfolio and expertise with Univar's global distribution network promises significant benefits for their customers and suppliers. Executives from both companies, including Univar’s Matthew Oliver and Nick Powell, see this deal as an opportunity to enhance their product offering and customer service to support the development of high-performance and sustainable products.
Sectors
- Chemical Industry
- Industrial Manufacturing
Geography
- United Kingdom – The location of Brad-Chem Holdings, the target company of the acquisition.
- Belgium – The location of Brad-Kem, a joint venture involved in the acquisition.
- Europe – The primary market expansion region for Univar Solutions as a result of the acquisition.
Industry
- Chemical Industry – The acquisition involves companies specializing in specialty chemicals and additives.
- Industrial Manufacturing – Brad-Chem's expertise in corrosion inhibitors and lubricant additives caters to industrial manufacturing.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univar Solutions LLC | Acquirer | Company | A global leader in specialty chemicals and additives, expanding its reach in Europe through this acquisition. |
| Brad-Chem Holdings | Target Company | Company | A UK-based leader in corrosion inhibitors and lubricant additives acquired by Univar Solutions. |
| Brad-Kem | Affiliate | Company | A joint venture between Brad-Chem and DEM based in Belgium, included in the acquisition. |
| Chris Brady | Managing Director | Person | Managing Director of Brad-Chem, involved in the acquisition. |
| Nick Powell | President, Global Ingredients & Specialties | Person | Executive at Univar Solutions commenting on the strategic importance of the acquisition. |
| Matthew Oliver | Global Vice President, Performance Materials | Person | Executive at Univar Solutions discussing the impact of the acquisition on customer capabilities. |