Univar Solutions Inc Stock Price, News & Analysis

Univar Solutions (NYSE: UNVR) has acquired ChemSol Group, a leading specialty chemicals distributor in Central America, enhancing its geographic footprint and product portfolio in key growth industries such as beauty, food, pharmaceuticals, and adhesives.

This acquisition is expected to strengthen Univar's partnerships with suppliers and customers, leveraging ChemSol's expertise and market presence in Costa Rica, Guatemala, El Salvador, Panama, and Honduras. While transaction terms have not been disclosed, the deal aims to support commercial growth and meet evolving customer needs in the region.

Univar Solutions B.V. has entered into a distribution agreement with Marott Graphic Services (MGS Chemistry Group) for specialty additives focused on rust prevention in industrial markets across Europe. This partnership aims to enhance access to corrosion inhibitor formulations for inks, coatings, lubricants, and metalworking fluids. The collaboration aligns with Univar's growth strategy in Europe, emphasizing sustainability and innovative solutions. The agreement will allow Univar to leverage MGS's expertise, providing customers with advanced products while promoting industrial chemistry advancements.

Univar Solutions Brasil Ltda., a subsidiary of Univar Solutions (NYSE: UNVR), has expanded its distribution relationship with Dow to enhance its homecare and industrial cleaning portfolio in Brazil. The agreement introduces cleaning brands like ACUSOL™ and SupraCare™, aimed at providing innovative and sustainable solutions. This strategic partnership aims to increase market reach and product offerings, reflecting the significance of robust supplier relationships. The collaboration will support customers with dedicated sales assistance and formulation development, aligning with trends towards sustainable cleaning solutions.

Univar Solutions, a leading global distributor of specialty ingredients and chemicals, has been named the distributor for Dow's acrylic emulsion polymer products in the UK and Ireland, specifically from the PRIMAL™ and UCAR™ LATEX portfolios. This partnership aims to enhance the company's distribution capabilities in construction applications, such as cementitious products and architectural coatings. Both companies emphasize their commitment to delivering technical success and a robust product portfolio to meet regional customer demands. The collaboration is expected to strengthen Univar Solutions' market position in the construction industry.

Univar Solutions (NYSE: UNVR) announced its agreement to acquire Kale Kimya, a leading Turkish specialty chemicals distributor, on January 23, 2023. This strategic move aims to enhance Univar's Ingredients and Specialties business, particularly in the beauty and personal care, as well as home and industrial cleaning markets. Kale Kimya, established in 1975, boasts extensive expertise and a diverse product portfolio. The deal, whose terms remain undisclosed, is pending regulatory approvals and is expected to finalize in Q1 2023. This acquisition highlights Univar's commitment to expanding its geographic footprint and product range.

Univar Solutions Inc. (NYSE: UNVR) will report its financial results for the fourth quarter and full-year of fiscal 2022 on February 21, 2023, after market close. A news release and a slide presentation will be available on their investor relations website at investors.univarsolutions.com. The Company will host a webcast on February 22, 2023, at 9:00 a.m. ET to discuss the results. This event will be archived for later access. Univar Solutions is a global leader in commodity and specialty chemical distribution.

Univar Solutions (NYSE: UNVR) confirmed that Brenntag SE has ended discussions regarding a potential transaction. The company remains committed to exploring other indications of interest. While the Board of Directors aims to act in the best interests of stockholders, no assurance is given that these discussions will lead to a transaction. The company intends to refrain from further comments on this matter unless appropriate.

Univar Solutions (NYSE: UNVR) has announced an exclusive partnership with Kalsec, a natural ingredient provider, to distribute natural taste and sensory solutions in the UK and Ireland. This agreement aims to enhance Univar's offerings in the savory food sector, leveraging Kalsec's high-quality ingredients. The collaboration is expected to strengthen Univar's supply chain and innovation capabilities, bolstering its position in the food ingredient market. The partnership also reflects Univar's commitment to sustainable practices through its association with Kalsec, a certified B Corp.