Specialty ingredients and chemicals distributor Univar Solutions acquired U.K.-based Brad-Chem Holdings — a distributor of corrosion control products and lubricant additives.
Announced Feb. 6, the deal includes Brad-Chem’s affiliated holdings that include Brad-Kem — the joint venture co-owned by Brad-Chem and its Belgium-based partner DEM.
Brad-Chem specializes in the distribution and blending of specialty lubricant additives, multi-metal corrosion inhibitors, copper passivators, solid lubricants and dispersions for the lubricants, metal treatment, cleaning, deicing and water treatment industries in over 40 countries across Europe.
Downers Grove, IL-based Univar said the deal will enhance its Ingredients & Specialties business and help accelerate its ability to meet growing customer demand for the distribution and blending of specialty lubricant additives, specialty base stocks and functional additives to various industries throughout the U.K. and Europe.
“This acquisition progresses our ambitious goals to strengthen the support we provide customers across Europe, by offering a larger portfolio of specialty products and additive blending capabilities in the lubricants and metalworking fluids and coatings, adhesives, sealants and elastomers (CASE) markets,” said Nick Powell, President of Global Ingredients & Specialties at Univar Solutions. “Combining Brad-Chem’s products and partners with our expansive global distribution network and technical expertise will bring significant advantages to customers and suppliers.”
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