Boxwood Partners Guides H.M. Royal's Strategic Sale to Univar Solutions

In a significant move in the specialty distribution market, Boxwood Partners has successfully acted as the exclusive financial advisor for H.M. Royal, a distinguished distributor specializing in rubber, plastics, adhesives, and coatings additives, in its sale to Univar Solutions, a leading global distributor of specialty chemicals. This transition marks a significant moment for H.M. Royal, reinforcing its legacy while opening new avenues for growth.

Founded in 1925, H.M. Royal has a rich history of providing exceptional service and technical expertise across various sectors including transportation, electronics, and construction. With ten strategically located warehouses throughout the United States, they have built long-lasting relationships with suppliers and customers alike, which positions them strongly within the industry.

The partnership with Univar Solutions is particularly strategic, as it merges two entities with complementary strengths. Univar Solutions is known for its extensive scale, advanced logistics network, and digital capabilities. This alliance will enhance H.M. Royal’s operations, allowing it to continue delivering unparalleled service to its clients.

Madison Day, a Director at Boxwood Partners, highlighted H.M. Royal’s unique position in the market stating, "Their technical depth and supplier relationships can't be replicated organically, which makes this acquisition a perfect strategic fit for Univar Solutions. It reinforces its position in the rubber and plastics market and strengthens coverage on both coasts."

For H.M. Royal, the transaction is more than just a business deal; it's a milestone for a third-generation family-run company. Joseph Royal, the company president, expressed gratitude to Boxwood for their understanding of H.M. Royal's needs throughout the process. He stated, "Getting a transaction of this size across the finish line while running the day-to-day is hard, and their expertise made it possible."

This transaction is a testament to Boxwood’s experience and capability in guiding founder- and family-owned businesses towards strategic partnerships that honor their legacy while preparing them for future growth. As Day remarked, "A century in business and three generations of family ownership is rare." The successful conclusion of this deal underlines the firm's dedication to preserving such rich traditions in business.

Despite the completion of this essential transaction, the financial terms were not disclosed, reflecting a common practice in such mergers and acquisitions where parties often choose to keep specifics confidential.

As the landscape for specialty distribution continues to evolve, H.M. Royal is well-positioned to leverage Univar Solutions' vast resources. This strategic partnership not only promises enhanced operational capabilities but also commits to continuing the high-quality service and reliability that H.M. Royal's customers have come to expect.

About Boxwood Partners

Boxwood Partners, based in Jupiter, Florida, with additional offices in Richmond, Virginia, and Charleston, South Carolina, combines senior-level transaction advisory with solid operational experience. The company's unique approach equips its clients with great advantages in the ever-competitive market.

About H.M. Royal, Inc.

H.M. Royal has established itself as a trusted distributor in the specialty chemicals arena. With over 101 years of expertise, they focus on personal service and dependable support, emphasizing solutions tailored to North American clients' needs. Their robust warehouse network allows them to manage inventory effectively and ensure timely delivery across various industries.

About Univar Solutions

Univar Solutions stands as a premier global specialty chemical distributor. Known for its large private transportation fleet and extensive technical sales force, it is dedicated to providing tailored solutions supported by robust digital tools. With an emphasis on community well-being and collaboration, Univar Solutions is committed to fostering innovative partnerships.