NEW YORK and LONDON, Aug. 15, 2016 /PRNewswire/ -- CVC Capital Partners ("CVC"), announced today that certain investors of Univar Inc., including Univar N.V., an investment vehicle managed by CVC and indirectly owned by funds advised by CVC and certain other co-investors, have agreed to sell 21 million shares of common stock (the "Shares") of Univar Inc. (the "Company"). CVC anticipates that the transaction will settle on August 18, 2016, subject to satisfaction of certain conditions.
About CVC Capital Partners
CVC Capital Partners is one of the world's leading private equity and investment advisory firms. Founded in 1981, CVC today has a network of 24 offices and over 300 employees throughout the U.S., Europe, Asia, and South America. To date, CVC has secured commitments of over US$79 billion in funds from a diverse and loyal investor base, completing over 300 investments in a wide range of industries and countries across the globe, with an aggregate transaction value of over US$120 billion. For more information please visit www.cvc.com.
SOURCE CVC Capital Partners