Univar Solutions Expands with Brad-Chem Acquisition
Deal News | Feb 06, 2025 | PR Newswire Cision Univar Solutions LLC
Univar Solutions LLC, a leading global provider of specialty chemical and ingredient solutions, has announced the acquisition of UK-based Brad-Chem Holdings and its associated joint venture Brad-Kem, co-owned with Belgium-based DEM. This strategic acquisition is aimed at enhancing Univar's portfolio of corrosion control products and lubricant additives across Europe. Brad-Chem, known for its expertise in multi-metal corrosion inhibitors and lubricant additives, will integrate its offerings into Univar's network, elevating Univar's capabilities to meet the growing demand for specialty lubricant additives and base oils. Univar highlights that this acquisition is in line with its ambitious goal to broaden its service offerings across European markets, particularly in the sectors of lubricants, metalworking fluids, and CASE (coatings, adhesives, sealants, and elastomers). Key personnel from both companies, including Chris Brady from Brad-Chem and Nick Powell and Matthew Oliver from Univar, have expressed their excitement over synergistic benefits and shared technical expertise that will arise from the merger. Additionally, the acquisition aligns with Univar's sustainability agenda, aiming to develop products that enhance energy efficiency, extend service life, and improve corrosion management.
Sectors
- Chemical Industry
- Manufacturing/Industrial
Geography
- United Kingdom – Brad-Chem Holdings, the company being acquired, is based in the UK.
- Belgium – The joint venture company Brad-Kem, co-owned by Brad-Chem and DEM, has operations in Belgium.
- Europe – The acquisition is strategized to expand Univar Solutions' presence and offerings across Europe.
- United States – Univar Solutions LLC is based in Downers Grove, Illinois, United States.
Industry
- Chemical Industry – The article highlights Univar Solutions' acquisition of Brad-Chem Holdings, focusing on the chemical distribution and specialty ingredients sector.
- Manufacturing/Industrial – The acquisition targets industries such as lubricants, metalworking, coatings, and adhesives, which are vital parts of the manufacturing and industrial sectors.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Univar Solutions LLC | Acquiring Company | Company | A leading global provider of solutions for users of specialty ingredients and chemicals. |
Brad-Chem Holdings | Target Company | Company | A UK-based leader in corrosion control products and lubricant additives. |
Brad-Kem | Affiliated Joint Venture | Company | A joint venture between Brad-Chem and DEM, involved in the acquisition. |
DEM | Joint Venture Partner | Company | A Belgian company co-owning Brad-Kem with Brad-Chem. |
Chris Brady | Managing Director, Brad-Chem | Person | Executive at Brad-Chem. |
Nick Powell | President of Global Ingredients & Specialties, Univar Solutions | Person | Executive involved in the strategic direction of Univar Solutions' specialties. |
Matthew Oliver | Global Vice President of Performance Materials, Univar Solutions | Person | Executive responsible for performance materials at Univar Solutions. |