Univar Completes Acquisition of Nexeo Solutions, Forming Univar Solutions

DOWNERS GROVE, Illinois, 1 March 2019 /PRNewswire – Univar Inc. (NYSE – New York Stock Exchange: UNVR) ("Univar") announced today that it has completed the acquisition of Nexeo Solutions, creating a global leader in the chemical and ingredients solutions sector. The combined company will operate under the name Univar Solutions, reflecting the commitment of both legacy organizations to bring together "the best of the best." David Jukes, President and Chief Executive Officer of Univar Solutions, said, "Univar Solutions is uniquely positioned to accelerate growth and deliver meaningful value for shareholders, customers, suppliers and employees. "Together, we have the ability to redefine chemical and ingredients distribution and drive greater growth for our partners, our employees and our shareholders." He added.

New Company, New Corporate Brand

Univar Solutions combines Nexeo Solutions' comprehensive product knowledge, market expertise and scalable technology platform with Univar's volume, broad product portfolio, technical expertise, commercial relationship capabilities and specialized services. Jukes said, "Today marks the beginning of an exciting journey bringing together two major companies to create Univar Solutions, with a vision to redefine chemical distribution and become the world's most valued chemical and service distributor. Our new brand name reflects our commitment to combining the best qualities of both legacy companies to create an innovative industry leader. Together, with our diverse capabilities and deep technical knowledge, we will be a committed partner dedicated to helping our broad customer base and suppliers seamlessly conduct business and to anticipating, driving and developing significant growth opportunities with our expertise." Univar Solutions will provide customers with easy access to comprehensive product selections from leading suppliers. With a growing portfolio of value-added services, Univar Solutions will go beyond distribution to help accelerate innovation and efficiency in operations. Supported by industry-leading digital tools and a global network of 17 Solution Centers, the company will help create unique formulations that differentiate brands in the market. In addition to announcing the name Univar will use as it continues operations, Univar revealed the brand identity and logo of Univar Solutions, which can be accessed at www.univarsolutions.com. Jukes said, "Our new logo represents our commitment to constructive partnerships and collaboration with our customers and suppliers. It also reflects, through the values that will guide our new company, our mission to update, make efficient and streamline operations, innovate and drive growth: we are serious about safety, our people are the focus and value, we do what we say, and together we win." He added.