March 1 2024, David R Brown
Univar Solutions expands its North America distribution network with the acquisition of Valley Solvents & Chemicals
Univar Solutions LLC, a leading global distributor and solutions provider to users of specialty ingredients and chemicals, have acquired Valley Solvents & Chemicals Company, a well-established US distributor of solvents and inorganics and provider of waste management services in the Texas and Gulf Coast region. The acquisition expands the Company's local chemical distribution network and valued-added services across its Chemical Distribution division, while strengthening environmental services capabilities for its ChemCare business under its Services division.
The acquisition of Valley Solvents allows us to strengthen our North America Chemical Distribution division and enhance our environmental services capabilities in a growing market
David Jukes
President and CEO of Univar Solutions
Valley Solvents is a key regional chemical distributor that has served the Texas and Gulf Coast region for over 72 years with a full range of chemical products and services, from delivery to disposal. Valley Solvents services more than 1,000 customers with an extensive bulk and packaged product portfolio, custom blending, waste management, and a specialty support focus in northern Mexico.
“We are committed to increasing our solvents and inorganics footprint to help our suppliers and customers grow their businesses,” said president and chief executive officer David Jukes. “The acquisition of Valley Solvents allows us to strengthen our North America Chemical Distribution division and enhance our environmental services capabilities in a growing market. With the integration of Valley Solvents' operations, we believe we are well positioned to capitalize on opportunities with their strong local packaged business as well as in Energy and Industrial markets that have proven resilient throughout market cycles.”
“I am so proud of the business our team has helped build over many decades, and we are excited to have found a partner in Univar Solutions that shares many of our values and aspirations. Becoming part of the largest chemical distributor in the United States is an exciting moment for the company and helps ensure continued success and innovation for our customers, suppliers, and employees,” said Bill Davis, president of Valley Solvents. “I am thrilled our legacy of service excellence, quality, and teamwork will continue to be part of Univar Solutions' future.”
About Univar Solutions
Univar Solutions is a leading global chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. In 2022 Univar reported revenues of USD 11,475 million and had 9,476 employees.
Source(s): Univar Solutions Press Release