Univar Solutions Acquires Brad-Chem to Expand European Portfolio
Deal News | Feb 06, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a prominent global provider of specialty ingredients and chemicals, has announced the acquisition of Brad-Chem Holdings, a leading UK-based company specializing in corrosion protection products and lubricant additives. The acquisition also includes Brad-Kem, a joint venture between Brad-Chem and Belgian-based DEM. This strategic move is aimed at enhancing Univar Solutions' offerings across Europe, meeting the increased demand for specialty lubricant additives, base oils, and functional additives across diverse industries. Brad-Chem’s product portfolio complements Univar's existing infrastructure and technical expertise, promising substantial benefits for both customers and suppliers. Key figures at Univar Solutions, such as Nick Powell and Matthew Oliver, highlighted the opportunities this acquisition presents in fulfilling ambitious goals to support customers in Europe and expand the reach of their performance materials business, all while aligning with sustainability objectives.
Sectors
- Specialty Chemicals
- Lubricants and Additives
Geography
- United Kingdom – Brad-Chem Holdings is based in the UK, making it a significant geographical focus.
- Europe – The acquisition is aimed at expanding Univar Solutions' reach and offerings throughout Europe.
- Belgium – Brad-Kem, part of the acquisition, is a joint venture involving a Belgian partner, DEM.
- United States – Univar Solutions LLC is based in Downers Grove, Illinois, USA.
Industry
- Specialty Chemicals – The article involves companies specialized in the distribution and blending of specialty chemicals and additives, focusing on sectors like lubricant, metal treatment, and water treatment industries.
- Lubricants and Additives – This sector is relevant due to the focus of Brad-Chem's and Univar Solutions' business on lubricant additives and corrosion protection products.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univar Solutions LLC | Bidding Company | Company | A global distributor of specialty ingredients and chemicals. |
| Brad-Chem Holdings | Target Company | Company | A UK-based supplier specializing in corrosion protection and lubricant additives. |
| Brad-Kem | Target Subsidiary | Company | A joint venture between Brad-Chem and DEM of Belgium. |
| DEM | Joint Venture Partner | Company | Belgian-based company involved in the joint venture Brad-Kem. |
| Chris Brady | Managing Director, Brad-Chem | Person | Leader at Brad-Chem, excited about the integration into Univar Solutions. |
| Nick Powell | President, Global Ingredients & Specialties, Univar Solutions | Person | Executive at Univar Solutions overseeing the integration and expansion in Europe. |
| Matthew Oliver | Global Vice President, Performance Materials, Univar Solutions | Person | Executive at Univar Solutions focusing on performance materials and specialty additives. |