In October 2007, CVC closed its public takeover of Univar N.V. (‘Univar’), the global market leader in chemical distribution (number one in North America and number two in Europe).
Founded in 1924 and headquartered today in Redmond, Washington, Univar is a leading global distributor of commodity and specialty chemicals. For the year ended 31 December 2009, Univar generated US$7.2 billion in net sales from the distribution of approximately 5.4 million tonnes of chemicals, making the company one of the world’s largest independent chemical distributors, with a leading market position in both the US and Canada, and a number two market position in Europe.
Univar operates a network of over 170 distribution facilities in North America, Europe, Asia Pacific and Latin America, with additional sales offices located in Eastern Europe, Middle East and Africa. The company distributes over 11,000 products in more than 110,000 stock keeping units to more than 80,000 customers in over 100 countries. Univar sources chemicals from more than 2,500 producers, including many of the premier global chemicals manufacturers. Univar’s extensive distribution network and comprehensive product portfolio enable the company to offer customers a ‘one-stop shop’ solution for their chemical needs.
We expect continued improvement in operating margins by optimising our global sourcing and supply chain network, expanding the use of our product and customer profitability tools, and increasing sales force effectiveness.