Univar Solutions Expands with Acquisition of Brad-Chem
Deal News | Feb 06, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a global leader in chemical distribution and specialty products, has acquired Brad-Chem Holdings, a UK-based company specializing in corrosion control products and lubricant additives. This acquisition will enhance Univar Solutions' Ingredients & Specialties business, allowing it to offer a broader portfolio and innovative products across Europe. Brad-Chem, renowned for its distribution and blending of specialty lubricant additives and corrosion inhibitors, operates in over 40 countries, serving industries such as lubricants, metal treatment, and water treatment. This strategic acquisition aligns with Univar's goals to expand its market reach, provide tailored solutions across the European lubricants and metalworking fluids market, and meet sustainability goals through performance-driven products. The transaction is expected to leverage Univar's global distribution network and technical expertise to bring additional value to customers and suppliers.
Sectors
- Chemical Manufacturing
- Distribution
Geography
- United Kingdom – The acquired company, Brad-Chem Holdings, is headquartered in the United Kingdom.
- Europe – Univar Solutions aims to expand its product reach and offerings across Europe through this acquisition.
- Belgium – Brad-Kem, a joint venture of Brad-Chem, involves a partner based in Belgium.
- United States – Univar Solutions LLC is based in Downers Grove, Illinois, USA.
Industry
- Chemical Manufacturing – Brad-Chem Holdings specializes in chemical additives, such as lubricants and corrosion inhibitors, which are central to the chemical manufacturing industry.
- Distribution – Univar Solutions is a leader in the distribution of specialty chemicals and ingredients, making distribution a key aspect of this industry context.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univar Solutions LLC | Bidding Company | Company | A leading global solutions provider for specialty ingredients and chemicals, providing a premier portfolio from leading producers. |
| Brad-Chem Holdings | Target Company | Company | A UK-based leader in corrosion control products and lubricant additives, specializing in distribution and blending for over 40 countries. |
| DEM | Joint Venture Partner | Company | Belgium-based partner in the joint venture Brad-Kem. |
| Chris Brady | Managing Director of Brad-Chem | Person | Managing director at Brad-Chem and involved in the integration with Univar Solutions. |
| Nick Powell | President of Global Ingredients & Specialties, Univar Solutions | Person | Responsible for Univar Solutions' strategic initiative to expand product offerings across Europe. |
| Matthew Oliver | Global Vice President of Performance Materials, Univar Solutions | Person | Oversees Univar's Performance Materials segment, which will be enhanced by the acquisition. |