Trace McEuen, vice president of Environmental Sciences, who will continue to lead the business under AEA’s ownership, stated, “AEA has a deep understanding of the Environmental Sciences business and our future opportunities, including our ability to meet the growing demand in our existing and adjacent end markets. As a standalone company, with the focused ownership and committed resources of AEA, we expect to be even better positioned to serve our customers and partner with suppliers as we drive growth and build on the momentum we have already created at Univar Solutions.”
Headquartered in Austin, Texas, Univar Solutions’ Environmental Sciences business is a premier pest management business serving customers in the U.S., Canada, and Mexico directly through approximately 250+ sales and service professionals and 70 ProCenters and in Latin America and the Caribbean through a network of authorized dealer partners. The business serves the expanding markets for pest control (including structural pest, public health, wildlife, vegetation management, and turf & ornamental) with unparalleled products and services, as well as educational and technology resources, including PestWeb.com, abest-in-class online resource for pest management professionals.
The transaction is expected to close by the end of 2019 or early 2020, subject to receipt of regulatory approvals and satisfaction of other customary closing conditions. The standalone Environmental Sciences business is expected to announce a new name and brand identity upon close of the transaction.
Advisors
For Univar Solutions, Piper Jaffray & Co. is serving as financial advisor, and Stinson LLP is serving as legal counsel. For AEA, Fried, Frank, Harris, Shriver & Jacobson LLP is serving as legal counsel.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global chemical and ingredient distributor and provider of value-added services to customers across a wide range of industries. With the industry’s largest private transportation fleet and North American sales force, a vast supplier network, deep market and regulatory knowledge, world-class formulation and recipe development, unparalleled logisticsknow-how, and industry-leading digital tools, Univar Solutions is a committed ally to customers and suppliers, helping them anticipate, navigate, and leverage meaningful growth opportunities. Learn more atwww.univarsolutions.com.
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