Univar Solutions acquires Valley Solvents & Chemicals to expand chemical distribution and environmental services
In a strategic move to enhance its chemical distribution network and environmental services, Univar Solutions LLC, a global leader in the distribution of specialty ingredients and chemicals, has announced the acquisition of Valley Solvents & Chemicals Company, a distinguished distributor in the Texas and Gulf Coast region. This acquisition marks a significant step for Univar Solutions, expanding its footprint in the chemical distribution sector and bolstering its ChemCare environmental services.
Valley Solvents & Chemicals, with over 72 years of service, has established itself as a pivotal player in the regional chemical distribution market, offering an extensive range of services from delivery to disposal. The company caters to more than 1,000 customers, providing bulk and packaged product portfolios, custom blending, waste management, and specialized support in northern Mexico. This acquisition not only extends Univar Solutions’ distribution network but also integrates valuable services and expertise into its Chemical Distribution division, enhancing its position in a competitive market.
David Jukes, president and CEO of Univar Solutions, highlighted the acquisition’s alignment with the company’s strategy to grow its solvents and inorganics sector. “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,” Jukes stated, emphasizing the strategic fit and potential for capitalizing on resilient Energy and Industrial markets.
Jim Holcomb, divisional president of Chemical Distribution for Univar Solutions, expressed enthusiasm for the new opportunities the acquisition brings. “The Valley Solvents’ team brings new customers and deep market expertise to the Univar Solutions platform,” Holcomb noted, underscoring the potential for delivering individualized support and value-added products to customers in crucial North American regions.
The acquisition also plays a critical role in enhancing Univar Solutions’ environmental service offerings through its ChemCare business. Nick Alexos, CFO and divisional president of Services at Univar Solutions, pointed out the natural synergy between Valley Solvents’ waste management services and Univar’s environmental programs. “Our focus on customer needs is an important part of our longstanding Growing Together strategy,” Alexos remarked, highlighting the commitment to sustainability and customer service excellence.
Bill Davis, president of Valley Solvents, expressed pride in the company’s legacy and optimism for its future under Univar Solutions. “Becoming part of the largest chemical distributor in the United States is an exciting moment for the company,” Davis said, confident in the continued success and innovation for customers, suppliers, and employees as part of Univar Solutions.
In conclusion, Univar Solutions LLC’s acquisition of Valley Solvents & Chemicals represents a strategic expansion in the chemical distribution and environmental services sectors. This move is poised to bring about growth, innovation, and enhanced service offerings to customers across the Texas and Gulf Coast region, reinforcing Univar Solutions’ position as a leading global solutions provider in the chemical industry.