Sector News

Univar acquires Future Transfer and BlueStar Distribution

October 5, 2015
Chemical Value Chain

/PRNewswire/ – Univar Inc. announced today that its wholly owned subsidiary, Univar Canada Ltd., has acquired all of the outstanding stock of Future Transfer Co., Inc.; BlueStar Distribution Inc.; and BDI Distribution West Inc..

Founded in 1973, Future/BlueStar specializes in logistics, warehousing, packaging, and formulation services to the agriculture industry in Canada. The company has 90 employees and operates from six locations, four in Ontario and two in Manitoba.

“This acquisition positions Univar as the leader in multiple value-added services in the Canadian agriculture market,” said Univar President and Chief Executive Officer Erik Fyrwald. “Future Transfer and BlueStar Distribution bring additional expertise in multiple areas that, combined with Univar Agriculture’s capabilities, are vital to maintaining and growing relationships with suppliers, who are increasingly focused on research and are moving toward these services to support their growth.”

Univar plans to combine the Future/BlueStar businesses with Fort Storage, a Univar company that provides warehousing, logistics, and distribution services in Canada. In addition to providing the company with an immediate, national presence in the 3PL market, the acquisition enhances Univar Agriculture’s distribution network, which now includes 10 facilities in four provinces with more than 1.2 million square feet of Agrichemical Warehousing Standards Association (AWSA) warehouse space, the most in Canada.

“Over the last 35 years we’ve been working hard to live up to our mission to be the strongest link in our clients’ supply chain,” says Mike Perovich, owner of Future Transfer. “The acquisition is an opportunity to immediately have a national presence and continue to live up to our mission, and at the same time leverage the new benefits that Univar, a leading global organization, will provide to our customers, suppliers and, most importantly, our employees.”

Source: Univar Inc.

comments closed

Related News

December 5, 2021

Armand Ajdari appointed Chief Technology Officer

Chemical Value Chain

Effective from 1 January 2022, Armand Ajdari will be joining Arkema as the Group’s Chief Technology Officer. He will report to Thierry Le Hénaff, Chairman and CEO, and will be a member of the Group management committee.

December 5, 2021

Styrolution to build advanced-recycling pilot plat for polystyrene 

Chemical Value Chain

Ineos Styrolution confirmed its decision to invest into a pilot plant for advanced recycling of polystyrene. The site will be set up in collaboration with Recycling Technologies in Swindon, U.K. It is expected to be operational in the second half of 2022.

December 5, 2021

Air Liquide is preparing Benoît Potier’s succession within the Executive Management as of June 1, 2022, in conjunction with the implementation of a new governance structure

Chemical Value Chain

The Air Liquide’s Board reviewed the Group’s leadership succession plan and approved the principle of a new form of governance. In this context, when the Board meets at the close of the 2022 Shareholders General Meeting, it will be asked to renew Benoît Potier’s term of office as Chairman of the Board of Directors and to appoint François Jackow to succeed him as Chief Executive Officer with effect from June 1, 2022.

Send this to a friend