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Univar Solutions Acquires Mosaic Water Treatment Assets
Monday 09 March 2020

9 March 2020 - Illinois, US-based chemical and ingredient distributor Univar Solutions Inc. (NYSE: UNVR) has acquired certain assets of The Mosaic Company's hydrofluorosilicic acid business to enhance position in water treatment market, the company said.

Terms of the transaction were not disclosed.

Under the terms of the arrangement, Univar Solutions has assumed certain of Mosaic's customer contracts, rail, and supply chain agreements expanding and strengthening its capabilities to serve municipal drinking water plants. 

Univar Solutions is a supplier to the water treatment market, including the US municipal market, with a comprehensive range of chemical products for use at all stages of water treatment.

The Mosaic company is a producer and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry.
Details
Date Published: 09/03/2020
Target: The Mosaic Co/ certain assets of hydrofluorosilicic acid business
Country: USA
Sector: Chemicals
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: The Mosaic Co
Buyer: Univar Solutions Inc
Comment:
Terms of the deal were not disclosed

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