Apollo Funds Acquire Univar Solutions (minority investment from ADIA)
August 1, 2023
Apollo Funds completed a take-private acquisition of Univar Solutions, acquiring all outstanding shares for $36.15 per share; a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) made a minority investment in the deal. Univar Solutions will continue to operate under its name with management remaining in place, and Apollo cited plans to accelerate growth, expand capabilities and pursue strategic initiatives across Univar's global chemical and ingredients distribution platform.
- Buyers
- Apollo Funds (affiliate of Apollo Global Management), Abu Dhabi Investment Authority (minority investor via subsidiary)
- Targets
- Univar Solutions
- Sellers
- Public shareholders of Univar Solutions
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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