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Univar grows chemical distribution in FloChem deal

Sept. 6, 2023
Acquisition, which includes a dedicated tank truck fleet and other value-added services, increases Univar’s footprint, product portfolio, and logistics services in Eastern Canada

Univar Solutions recently purchased Ontario, Canada-based chemical distributor FloChem in a transaction that gives it access to new market segments, increased market position on key in-demand products, and new service capabilities.

Terms of the deal, which included certain FloChem affiliates, were not disclosed.

FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers, including caustic soda, hydrochloric acid, phosphoric acid, hydrogen peroxide, bleach and sulfuric acid. Other offerings include products serving a variety of disinfectant and cleaning formulations in wastewater and water treatment; pool and spa; mini-bulk offerings; and food and beverage, to name a few.

“As an industry leader in chemical distribution and dispensing systems, FloChem is uniquely positioned within our Canadian market to expand our bulk chemical distribution [BCD] network while expanding our access to some of the most widely used industrial chemicals and services,” David Jukes, Univar president and CEO, said in a news release.

“This acquisition demonstrates our continued focus on our growth strategy and strategic imperatives to drive success now and into the future.”

FloChem also offers a variety of value-added services, including specialty formulas/blends, custom packaging, and bulk freight service through a dedicated private fleet of trucks and tanker trailers.

“Responsiveness, reliability, and safety are all hallmarks of our commitment to customers and shared values between our two companies,” said Jim Holcomb, president of North America and chemicals and services for Univar. “The addition of FloChem’s value-added services helps us continue our focus on service excellence while also opening the doors to several new markets, increased local capabilities with the addition of MiniBulk, and greater flexibility to manage logistics in Eastern Canada.”

Added Terry Tucker, FloChem CEO and president: “We couldn’t be more pleased to join a leading global solutions provider that aligns so well with our company, our values, and our culture. This agreement represents a great step toward increased collaboration with our customers and supply chain partners to offer value-added products, solution-driven initiatives, and innovative new processes.”