Univar Successfully Closes Quaron Acquisition

BRUSSELS, Jan. 3, 2011 /PRNewswire/ -- Univar, a leading global chemical distributor, announced today it has successfully completed the acquisition of the Quaron business in Belgium and the Netherlands. This step reflects Univar's commitment to growth and to strengthening its position, reach, service, technical expertise and product portfolio in the Benelux.  Trading as a combined entity will commence on 10th January 2011.

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"There is a strong strategic and cultural fit between the two companies," said John van Osch, President, Univar Europe, Middle East and Africa.  "The expanded product portfolio and increased logistical capabilities provide major benefits for both customers and suppliers as well as supporting our growth plans in the region. The acquisition gives Univar a more balanced geographical spread between the Netherlands and Belgium and offers employees an even wider scope for career progression."

An integration team has been set up with representatives from both organisations to enhance the merger process. The team covers all business functions and has been established to ensure seamless continuity for all customers, suppliers and business partners.

Wido Waelput, who joined Univar in July 2010 as Regional Director Benelux said, "Quaron Benelux's market activities, supplier relationships, facilities and locations are a perfect fit to the Univar network. Both our companies share the same dedication to building and maintaining relationships with customers and suppliers. We share the same focus on quality, excellence, expertise, safe and sustainable business and commitment to adding value.  We are convinced that our employees and business partners will benefit greatly from the new combined organisation."

Quaron's logistics network in Belgium and the Netherlands is supported by laboratories, tank and warehouse storage and mixing facilities. It brings additional added-value services such as storage, diluting and mixing. Quaron Benelux's commitment to safety and environmental protection in every aspect of its operations sit well with Univar's own long-standing commitment to sustainability and its pioneering U+stainability programme.

Univar creates value for its customers and suppliers by complementing producers' sales and marketing teams. The company provides technical expertise in application development, excellence in logistics support and outstanding customer service to help its partners grow their business.

About Univar

Univar is one of the world's leading distributors of industrial and specialty chemicals. Univar represents over 2,500 chemical producers and provides its customer base, made up of 80,000 customers, with a full portfolio of products. Univar operates a network of 179 distribution facilities throughout North America, Europe, and China. In 2009, Univar reported sales of $7.2 billion. For more information, visit: www.univar.com.

Operating from 56 distribution centres in 25 countries across Europe, the Middle East, and Africa, Univar's 2,200 local employees serve more than 28,900 customers in a diverse range of industries including coatings, food, personal care, pharmaceuticals, and other major sectors. To learn more about Univar Europe, Middle East and Africa, please visit: www.univareurope.com.  

SOURCE Univar



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