Univar Solutions acquires Brad-Chem Holdings to expand in Europe
Deal News | Feb 07, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a leading global provider of chemical and ingredient distribution, announced its acquisition of UK-based Brad-Chem Holdings and its subsidiaries, including a joint venture entity with Belgian-based DEM. Brad-Chem specializes in corrosion control products and lubricant additives. This acquisition is intended to enhance Univar Solutions' offerings across Europe, enabling it to meet growing customer demands in various industries for specialized additives and solutions. Executives from both companies emphasize the complementary nature of the merger, aiming to leverage Univar's extensive network and technical expertise with Brad-Chem's innovative product portfolio. This strategic move aligns with Univar’s goals to diversify its product range and strengthen its market position in Europe.
Sectors
- Chemical Manufacturing
- Industrial Additives
- Distribution and Logistics
Geography
- United Kingdom – Brad-Chem Holdings, the acquisition target, is headquartered in the UK, making it a primary geographic focus of the article.
- Europe – The expansion and integration plans emphasized in the article indicate a broader geographic focus across Europe to cater to a wide array of industrial customers.
- Belgium – The joint venture partner DEM, based in Belgium, is mentioned as part of the acquisition deal.
- United States – Univar Solutions, the purchasing company, is based in the United States, specifically headquartered in Downers Grove, Illinois.
Industry
- Chemical Manufacturing – The article discusses the acquisition of a company dealing in chemical products such as corrosion inhibitors and lubricants, which are central to the chemical manufacturing sector.
- Industrial Additives – Brad-Chem specializes in additives for lubrication and corrosion prevention, making this a relevant sector. The article highlights the expansion of such product offerings in different industries across Europe.
- Distribution and Logistics – Univar Solutions is noted for its extensive distribution network, highlighting the logistics aspect of integrating Brad-Chem's products into their Europe-wide system.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univar Solutions LLC | Acquiring Company | Company | A major global distributor of chemicals and ingredients, headquartered in Illinois, USA. |
| Brad-Chem Holdings | Target Company | Company | A UK-based company specializing in corrosion control and lubricant additives. |
| DEM | Joint Venture Partner | Company | A Belgian company involved as a partner in a joint venture with Brad-Chem. |
| Nick Powell | President, Global Ingredients & Specialties, Univar Solutions | Person | Involved in strategic decisions related to global ingredients and specialties market. |
| Chris Brady | Managing Director, Brad-Chem | Person | Leading Brad-Chem Holdings and involved in the acquisition integration. |
| Matthew Oliver | Global Vice President, Performance Materials, Univar Solutions | Person | Responsible for Univar's performance materials segment and its role in the acquisition. |