MARKET COMPOSITE
UNVR - Univar Solutions Inc
Price
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Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services which works with leading suppliers worldwide. The company was founded in 1924 as Van Waters & Rogers. It was also formerly known as Royal Vopak and later Univar. The company changed its name to Univar Solutions following the acquisition of Nexeo Solutions in 2019. On August 8, 1924, George Van Waters and Nat Rogers opened a small firm in Seattle, Washington, USA, buying and selling naval supplies, paint, raw materials and cotton linters. When Van Waters & Rogers entered the laundry supply business, it paved the way for the company’s future in chemicals. Near the end of the 1920s, the company moved into a 5,000-square-foot facility just south of downtown Seattle and, soon after, it expanded into the entire facility and plant next door. In 1936, Van Waters & Rogers’ sales topped $1 million, and by the end of the decade the company was closing on the $2 million mark. Locations were added in Portland, Oregon, Spokane, Washington and Los Angeles, California. A notable addition was the industrial chemicals division headed by Glen McElvain, a chemical salesman who was instrumental in the acquisition of local chemical companies. In the 1940s, sales increased from $2 million in 1940 to more than $18 million in 1949.[citation needed] Acquisitions led to market entries in San Francisco and Texas and the first two women were appointed to officer positions. In 1949, Van Waters & Rogers celebrated its 25th anniversary.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue2.6B-4%
Gross Profit624.8MM-
Cost Of Revenue1.9B-5%
Operating Income162.9MM+11%
Operating Expenses461.9MM-6%
Net Income87.8MM+6%
G&A289.5MM-6%
Amortization11.9MM+6%
Interest Expense33.8MM+2%
Stock Chart
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Stock news

    Univar Solutions México, S. De R.L. de C.V., a subsidiary of Univar Solutions Inc. ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced an exclusive distribution agreement with dsm-firmenich, global innovators in nutrition, health, and beauty, that create solutions which positively contribute to the daily care routine and health of people's face, skin, and hair worldwide. The addition of dsm-firmenich's produc

    Univar B.V., a subsidiary of Univar Solutions Inc. ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, and Kalsec® Inc., a natural ingredient solution provider for the food and beverage industry, have expanded their food ingredients distribution agreement to include three additional European countries. The new agreement authorizes Univar Solutions to exclusively distribute Kalsec's natural taste & sensory, colors, and food p

    S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:

    Univar Solutions Inc. ("Univar Solutions" or the "Company") and Apollo (NYSE: APO) today announced that Apollo Funds have completed the previously announced acquisition of the Company, which includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority. The Company will continue to operate under the Univar Solutions name and brand and maintain its global presence.

    Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, announced today an expanded distribution relationship with Kalsec® Inc. for advanced hop ingredients in the United States. This latest agreement adds to the current partnership that includes distribution of Kalsec's natural taste and sensory, colors, and food protection solutions in Mexico, Colombia, and Europe.

    Univar Solutions Brasil Ltda and Univar Solutions Mexico S De, both subsidiaries of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced an expanded agreement with Leprino Foods Company ("Leprino Foods") for a broad range of its nutritional ingredients and dairy products serving food and beverage customers in Brazil and Mexico. Leprino Foods' ingredients are found in a variet

    Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, announced its recent recognition on the USA TODAY list of America's Climate Leaders. Developed for USA TODAY by market research firm Statista, this inaugural list offers a data-driven recognition of companies that have cut their carbon footprint in recent years, a noteworthy achievement for investors, customers, and anyone who is seeking t

    The new agreement will enable Univar (UNVR) to bring CFS' products to market in a region where supply has historically been inadequate.

    Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, announced today that the Company has become an authorized distributor for Camlin Fine Sciences Ltd.'s (CFS) aroma ingredients in the United States and Canada.

    Univar Solutions (UNVR) and Grace reach an agreement to distribute SYLOID FP silica in Europe, giving customers in the majority of European countries access to this versatile excipient.