Univar Solutions Expands with Acquisition of Brad-Chem
Deal News | Feb 06, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a leading global distributor of chemicals and specialty ingredients, announced its acquisition of British company Brad-Chem Holdings and its subsidiaries, including the joint venture Brad-Kem based in Belgium. Brad-Chem, a leader in corrosion control products and lubricant additives, will bolster Univar Solutions' Ingredients & Specialties division. This acquisition will enhance the company's capability to meet escalating customer demands for the distribution and blending of specialty lubricant additives and functional additives in Europe. Through the combination of Brad-Chem's product offerings and Univar Solutions' global distribution network, the acquisition is set to bring significant benefits to both customers and suppliers. The move aligns with Univar Solutions' strategic goals to expand its portfolio of specialty products and blending capabilities across Europe, serving various industries, including lubricants, metalworking fluids, and CASE markets. The acquisition is characterized by a shared commitment to operational and commercial excellence, as well as innovation.
Sectors
- Chemical Industry
- Lubricants and Additives
- Manufacturing and Industrial Solutions
Geography
- United Kingdom – Brad-Chem Holdings is based in the UK, making the country a primary geographical focus.
- Europe – The acquisition is strategically significant for Univar Solutions' operations and expansion across various European countries.
- United States – Univar Solutions, as a US-based company with headquarters in Illinois, is central to this transaction.
Industry
- Chemical Industry – Univar Solutions is a global distributor of specialty chemicals, and Brad-Chem specializes in corrosion control and lubricant additives, making the Chemical Industry a key classification.
- Lubricants and Additives – Brad-Chem's focus on lubricant additives and corrosion inhibitors highlights the relevance of the Lubricants and Additives sector.
- Manufacturing and Industrial Solutions – The acquisition supports manufacturing by providing advanced additives for industrial processes, including metalworking fluids and CASE applications.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Univar Solutions LLC | Bidding Company/Buyer | Company | A leading global distributor of chemicals and specialty ingredients, acquiring Brad-Chem to expand its European portfolio. |
| Brad-Chem Holdings | Target Company | Company | A UK-based leader in corrosion control products and lubricant additives, acquired by Univar Solutions. |
| Brad-Kem | Subsidiary | Company | A joint venture between Brad-Chem and DEM, based in Belgium, involved in the transaction. |
| DEM | Joint Venture Partner | Company | Demonstratively involved through the Brad-Kem venture, playing a part in the acquisition context. |
| Chris Brady | Managing Director of Brad-Chem | Person | General manager of Brad-Chem who expressed excitement about the acquisition. |