Univar Solutions recently acquired Valley Solvents & Chemicals Company, a long-time distributor of solvents and inorganics, and provider of waste management services in the Texas and Gulf Coast region.
The deal also includes certain affiliates, Univar reported.
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. The company serves 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.
The acquisition expands Univar’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, Univar said.
“We are committed to increasing our solvents and inorganics footprint to help our suppliers and customers grow their businesses,” David Jukes, Univar president and CEO, said in a news release. “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.”
Added Jim Holcomb, Univar divisional president of chemical distribution: “The Valley Solvents’ team brings new customers and deep market expertise to the Univar Solutions platform. I’m excited to find new ways to bring greater individualized support and value-added products, such as custom solvent blending, to our customers in an increasingly critical area of North America.”