Univar Completes Acquisition of Nexeo Solutions to Create Univar Solutions

Univar announced today that it has completed its acquisition of Nexeo Solutions, creating a global leader in chemical and specialty solutions distribution. The combined company will operate under the name Univar Solutions, reflecting both legacy organizations' commitment to bringing 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 significant value for shareholders, customers, suppliers and employees. "Together, we have the ability to redefine chemical and specialty distribution, delivering 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 scale, 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 specialty services distributor. Our new brand name reflects our commitment to combining the finest qualities of both legacy companies to create an innovative industry leader. Together, with our diverse capabilities and deep technical knowledge, we will be a dedicated partner helping our broad customer base and suppliers run their businesses seamlessly, and anticipating, driving and developing significant growth opportunities through our expertise," he added. 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 distinguish brands in the market. Univar announced today the name it will use as it continues operating the company, along with unveiling Univar Solutions' brand identity and logo, 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, streamline and improve efficiency, to innovate and to grow: we are a business where safety is paramount, our people are the focus and value, we do what we say we do, and we win together."