Univar Remedies to Grow Central American Presence and Improve Substances and Specialties Choices with ChemSol Acquisition

The acquisition of ChemSol will greatly enhance the Company’s geographic footprint in the escalating Central American area, as properly as its formulation and industrial providing throughout a vast array of important progress marketplaces. These marketplaces contain elegance and own care pharmaceutical excipients foodstuff coatings, adhesives, sealants, and elastomers lubricants and metalworking fluids.

“The ChemSol company strengthens the two our Ingredients and Specialties portfolio and our geographic get to, further more boosting Univar Answers situation as a strategic partner of alternative to our suppliers and clients,” reported Nick Powell, president of Global Elements & Specialties for Univar Methods. “We’re thrilled to support Central American prospects address some of their hardest troubles and stay forward of market-precise traits and regulatory alterations by tapping into our steady innovation, sustainable remedies, and world community of formulation and technological experience, and business guidance.”

Jorge Buckup, president of Latin America for Univar Solutions explained: “This acquisition represents a sturdy platform for commercial development in Central The us, as we foresee and meet the evolving desires of customers. Our two corporations share a aim on benefit-additional expert services, steady improvement, and environmental duty. I am thrilled to welcome ChemSol to our spouse and children and am self-assured our groups will get the job done with each other to make sure a seamless changeover for employees, shoppers, and suppliers.”

Ciro Guerra, founder and normal director of ChemSol Team, mentioned: “We are enthusiastic to sign up for Univar Solutions and provide our clients and suppliers with access to additional solutions, capabilities, and digital innovation that will help their organizations improve. Univar Solutions shares many of the values that are central to ChemSol’s society and method, like a determination to collaboration, innovation, and a deep respect for teamwork, producing it a seamless healthy for our industrial partners and the ideal location for our crew to proceed increasing their techniques and occupations.”

Phrases of the transaction ended up not disclosed.

About Univar Options
Univar Alternatives (NYSE: UNVR) is a main global specialty chemical and ingredient distributor representing a leading portfolio from the world’s top producers. With the industry’s premier private transportation fleet and complex sales pressure, unparalleled logistics know-how, deep industry and regulatory awareness, formulation and recipe development, and primary electronic resources, the Enterprise is nicely-positioned to offer you customized answers and price-added solutions to a broad vary of marketplaces, industries, and purposes. While satisfying its objective to enable continue to keep communities nutritious, fed, clean and protected, Univar Methods is fully commited to assisting prospects and suppliers innovate and concentrate on Developing Jointly. Master much more at univarsolutions.com.

About ChemSol
Established in 1983, ChemSol is a foremost substances distributor with spots in Costa Rica, Guatemala, El Salvador, Panama, and Honduras. The company in excess of time has diversified into the commercialization and representation of international specialty chemical residences in broader terms, and subsequently ventured into the marketplace for food ingredients, private treatment, pharmaceutical excipients and animal nutrition. Considering the fact that inception, ChemSol has upheld a legacy of progressive merchandise for customers based mostly on ethical ideas and sustaining a large standard of company social accountability. Understand more at chemsol.web

Forward-Wanting Statements
This press release features certain statements relating to future functions and our intentions, beliefs, expectations, and predictions for the potential which are “forward-wanting statements” inside of the meaning of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Exchange Act of 1934, as amended.  Ahead-hunting statements are matter to acknowledged and unknown risks and uncertainties, quite a few of which might be over and above the Company’s manage. These forward-wanting statements are matter to threats and uncertainties that could trigger true outcomes to vary materially from the expectations and assumptions. A in-depth discussion of these components and uncertainties is contained in the Company’s filings with the Securities and Trade Fee. Possible elements that could have an impact on this kind of forward-wanting statements consist of, among the other people: the greatest geographic spread of the COVID-19 pandemic the period and severity of the COVID-19 pandemic actions that may perhaps be taken by governmental authorities to deal with or usually mitigate the affect of the COVID-19 pandemic the possible detrimental impacts of COVID-19 on the global economy and our consumers and suppliers the total effects of the COVID-19 pandemic on our business enterprise, outcomes of functions and money problem other fluctuations in general economic conditions, particularly in industrial output and the demands of our buyers sizeable modifications in the business techniques of producers or in the operations of our customers greater competitive pressures, which includes as a end result of competitor consolidation sizeable adjustments in the pricing, need and availability of chemical compounds our ranges of indebtedness, the constraints imposed by our personal debt instruments, and our capacity to acquire extra funding when essential the wide spectrum of legislation and rules that we are matter to, together with substantial environmental, wellbeing and protection laws and laws an lack of ability to integrate the organization and units of companies we acquire, including of Nexeo Alternatives, Inc., or to notice the expected positive aspects of this kind of acquisitions likely enterprise disruptions and security breaches, which includes cybersecurity incidents an inability to create ample operating funds increases in transportation and gas expenditures and adjustments in our romantic relationship with 3rd social gathering suppliers incidents, protection failures, environmental damage, merchandise good quality and legal responsibility troubles and remembers major or systemic delivery failures involving our distribution network or the items we have operational risks for which we may not be sufficiently insured ongoing litigation and other authorized and regulatory dangers worries related with international functions publicity to curiosity level and currency fluctuations probable impairment of goodwill liabilities associated with acquisitions, ventures and strategic investments destructive developments affecting our pension options and multi-employer pensions labor disruptions affiliated with the unionized portion of our workforce and the other variables described in the Company’s filings with the Securities and Exchange Commission. We caution you that the forward-hunting data offered in this push release is not a assure of long term activities or benefits, and that precise activities or final results might vary materially from those made in or proposed by the ahead-seeking information contained in this press launch. In addition, forward-seeking statements generally can be determined by the use of ahead-wanting terminology these kinds of as “could,” “plan,” “look for, “will,” “hope,” “intend,” “estimate,” “foresee,” “believe” or “go on” or the negative thereof or versions thereon or comparable terminology. Any forward-wanting information and facts introduced herein is created only as of the date of this press release, and the Enterprise does not undertake any obligation to update or revise any forward-looking information to reflect improvements in assumptions, the prevalence of unanticipated situations, or otherwise, except as expected by law.

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