News Article 2015

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November 3 2015, David R Brown

Univar acquires active pharmaceutical ingredients distributor, Arrow Chemical, Inc.

Univar Inc. (NYSE: UNVR) has announced that its wholly-owned subsidiary, Univar USA Inc., has acquired all of the outstanding stock of Arrow Chemical, Inc., an importer and distributor of active pharmaceutical ingredients (API) and other specialty chemistries in the U.S. market.

We see strong growth opportunities for Univar in the pharmaceutical and nutraceutical market

Erik Fyrwal
Univar President and Chief Executive Officer

Founded in 1982, Arrow Chemical sources a broad range of APIs, and nutritional and cosmetic ingredients from a broad network of suppliers in Asia, Western Europe, and the U.S. The company specializes in fine, niche chemistries, and works with customers and suppliers across the world in third-party manufacturing, custom chemical synthesis, finished dosage, and Abbreviated New Drug Application (ANDA) developments. Arrow Chemical is based in Greenwich, Conn., and services customers with truck, rail, and tanker deliveries through a nationwide third-party distribution network.

“We see strong growth opportunities for Univar in the pharmaceutical and nutraceutical market, and continue to focus our commercial capabilities for delivering a total solution set of products and services to customers,” said Univar President and Chief Executive Officer Erik Fyrwald. “Arrow Chemical has a strong base business with key pharmaceutical manufacturers and has built a solid global network of quality and reputable ingredient producers. This acquisition enhances the value we can deliver to our customers by expanding our existing offering with a complementary portfolio of APIs and other specialty ingredients essential to the formulation of generic and over-the-counter pharmaceuticals.”

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 700 distribution facilities throughout North America, Western Europe, the Asia-Pacific region, and Latin America, supported by a global network of sales and technical professionals. For the nine months ended 30th September 2015, Unibar reported reveues of $7.0 billion.

Source(s): Univar Press release

Further Information

Visit: http://www.univar.com