Brenntag Ends Acquisition Discussions with Univar
January 3, 2023
Univar Solutions Confirms End to Preliminary Discussions with Brenntag SE; Evaluating Other Indications of Interest
News provided by Univar Solutions Inc.
Jan 02, 2023, 20:45 ET
DOWNERS GROVE, Ill., Jan. 2, 2023 /PRNewswire/ — Univar Solutions Inc. (NYSE: UNVR) (“Univar” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today confirmed that Brenntag SE has ended its discussions with the Company about a potential transaction. The Company and its Board of Directors are committed to acting in the best interest of its stockholders and will continue discussions relating to other indications of interest that have been received with respect to a potential transaction.
There can be no assurance that the ongoing process will result in any transaction. The Company does not intend to make any additional comments regarding this matter unless and until it is appropriate to do so.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty 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. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at www.univarsolutions.com.