#USA #Downers Grove #Univar Solutions #Brad-Chem #Performance Materials

Univar Solutions Acquires Brad-Chem Holdings

In a significant move for the chemical industry, Univar Solutions LLC has announced the acquisition of Brad-Chem Holdings, a leading provider of corrosion protection products and lubricant additives based in the UK. This strategic acquisition also includes Brad-Kem, the joint venture co-owned by Brad-Chem and its Belgium-based partner, DEM. The acquisition aims to bolster Univar's product offerings and response capabilities in Europe, particularly in specialty lubricant additives and functional chemicals.

Univar Solutions is positioning itself to address the increasing customer demand for tailored specialty products that enhance performance and sustainability in diverse industries. As Matthew Oliver, the Global Vice President of Performance Materials at Univar Solutions, articulated, "This acquisition presents an exciting opportunity for our Performance Materials division to meet rising customer demands for specialty base stocks and functional additives. These enhancements are crucial in helping our clients formulate high-performance products that reduce energy consumption and extend service life."

Brad-Chem has garnered a strong reputation for its specialization in the distribution and formulation of specialty lubricant additives, multi-metal corrosion inhibitors, and dry lubricants. With a presence in over 40 countries across Europe, the company’s expertise aligns seamlessly with Univar's extensive distribution network and technical capabilities. Nick Powell, President of Global Ingredients & Specialties at Univar Solutions, echoed this sentiment, stating that this acquisition brings the company closer to its ambitious goals of enhancing support for customers throughout Europe.

By integrating Brad-Chem’s product offerings, Univar Solutions plans to expand its influence in crucial markets such as lubricants, metalworking fluids, coatings, adhesives, sealants, and elastomers (CASE). The synergies created from this merger are expected to yield substantial benefits for both customers and suppliers by combining Brad-Chem’s specialized knowledge with Univar’s broad market reach and logistical expertise.

Univar Solutions is a global leader in providing essential ingredients and chemicals to various markets, boasting the industry’s largest private transportation fleet and a dedicated technical sales team. The company is committed to supporting innovation and joint growth with its customers and suppliers across these sectors. Chris Brady, Managing Director of Brad-Chem, expressed enthusiasm regarding the merger: "We are excited to be part of Univar Solutions’ world-class organization, where we can leverage our collective technical know-how and customer service strengths to build upon our remarkable product portfolio."

The acquisition aligns with Univar's strategic vision of expanding its innovative solutions, particularly those that resonate with sustainability agendas by reducing energy usage and improving operational efficiencies. Both companies are keen on enhancing their roles as leaders in the industry while addressing the evolving needs of their customers.

As the chemical sector navigates challenges and opportunities in a rapidly changing global landscape, transactions like this one signal a commitment to growth and adaptation that will serve Univar Solutions and its clientele well into the future. For more information about Univar Solutions and their extensive portfolio, visit univarsolutions.com. For details on Brad-Chem, check out brad-chem.co.uk.