News Article 2016

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March 2 2016, David R Brown

Univar acquires US waste management company, Bodine Services of the Midwest

Univar Inc. (NYSE: UNVR) has announced today its wholly-owned subsidiary, Univar USA, has acquired Bodine Services of Decatur, Inc.; Bodine Environmental Services, Inc.; and affiliated entities, operating as Bodine Services of the Midwest, a regional provider of environmental and facilities maintenance services in the US.

The acquisition of Bodine Services supports our vision of creating a leading national platform for Univar's industrial and waste management services

Erik Fyrwald
Univar President and Chief Executive Officer

Founded in 1960, Bodine provides a comprehensive range of waste management and environmental consulting and contracting, plant maintenance, and other services throughout the Midwest. The company operates from 5 locations in Illinois, Iowa and Indiana. The deal follows the acquisition of Weavertown Environmental Group in December 2015 another provider of environmental and facilities maintenance services. Univar's vision is to create a leading national (USA) platform for industrial and waste management services

“The acquisition of Bodine Services supports our vision of creating a leading national platform for Univar's industrial and waste management services,” said Univar President and Chief Executive Officer Erik Fyrwald. “In addition to expanding our footprint with additional service centers in key geographic markets, Bodine has expertise that is critical to helping customers effectively manage compliance within their operations by preventing waste and environmental concerns.”

Bodine serves customers in both the public and private sectors with a full portfolio of services from project planning to 24/7 emergency services. The company operates a fleet of 200 licensed vehicles and has a trained staff of 200 employees, including trained and certified drivers and technicians, and registered professional engineers. Univar plans to integrate the Bodine business with its ChemCareSM waste management service.

About Univar
Founded in 1924, Univar is a global distributor of specialty and basic chemicals sourceing from over 8,000 producers worldwide. Univar operates more than 800 distribution facilities throughout North America, Western Europe, the Asia-Pacific region, and Latin America, supported by a global network of sales and technical professionals. In 2015, Univar reported reveues of $8.9 billion.

Source(s): Univar Press release

Further Information

Visit: http://www.univar.com