Univar Solutions increases product portfolio and services in Eastern Canada with acquisition of FloChem Ltd.
by CM staff
Acquisition enhances the company's Bulk Chemical Distribution offerings, and operational and logistics capabilities.
Photo: Univar Solutions.
DOWNERS GROVE — Univar Solutions Inc., a global solutions provider to users of specialty ingredients and chemicals, announces the acquisition of FloChem Ltd., and certain of its affiliates, in the distribution of chemicals and related dispensing systems in Eastern Canada. The acquisition gives the company access to new market segments, increased market position on key in-demand products, and new service capabilities.
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,” said David Jukes, president and CEO of Univar Solutions. “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 Solutions. “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.”
