Univar Solutions announced that it has acquired the UK-based company Brad-Chem Holdings and its affiliates.
The acquisition also includes Brad-Kem, the joint venture co-owned by Brad-Chem and its partner DEM, based in Belgium. Brad-Chem, a supplier of corrosion protection products and lubricant additives, will complement Univar Solutions’ existing ingredients and speciality business and help to meet growing customer demand for the distribution and blending of speciality lubricant additives, speciality base oils and functional additives for various industries throughout the UK and Europe.
“This acquisition advances our ambitious goals of strengthening support for our customers across Europe by offering a larger portfolio of specialty products and additive blends in the lubricants and metalworking fluids markets, as well as for coatings, adhesives, sealants and elastomers (CASE),” said Nick Powell, President of Global Ingredients & Specialties, Univar Solutions. “Combining Brad-Chem’s products and partners with our extensive global distribution network and technical expertise will create significant benefits for customers and suppliers.”