New agreement will benefit customers in
France, Belgium, and the
Netherlands and builds on the companies' existing
relationship in Europe,
Colombia, and Mexico
ROTTERDAM, Netherlands and
KALAMAZOO, Mich., Aug. 10,
2023 /PRNewswire/ -- Univar B.V., a subsidiary
of Univar Solutions Inc. ("Univar Solutions" or "the
Company"), a leading global solutions provider to users of
specialty ingredients and chemicals, and Kalsec® Inc., a
natural ingredient solution provider for the food and beverage
industry, have expanded their food ingredients distribution
agreement to include three additional European countries. The new
agreement authorizes Univar Solutions to exclusively distribute
Kalsec's natural taste & sensory, colors, and food protection
ingredient solutions for savory applications in France, Belgium, and the
Netherlands.
Univar Solutions and Kalsec® Inc.
Strengthen Partnership in Europe
with Expanded Agreement
"We started our journey with Kalsec in 2021 to bring our
customers more taste, natural color, and antioxidant solutions
across a broad range of specialty food applications, and we are
elated to have the opportunity to grow our partnership in more
European markets," said Kevin Hack,
global vice president of food ingredients for Univar Solutions. "By
offering a vast selection of Kalsec's quality, natural ingredients
to more customers in Europe, we're
helping to shape the future of food by providing innovative and
sustainable solutions, recipe development, reach, and
distribution."
From specialty ingredient innovation to recipe testing, food
brands of all sizes turn to Foodology by Univar Solutions for
help with tackling product development challenges. The
organization's knowledgeable in-house scientists refresh and
develop formulas to enhance the efficacy of products through its
food Solution Centers and test kitchens while working toward the
Company's purpose to help keep our communities healthy, fed, clean,
and safe. Univar Solutions supports the latest food trends such as
clean label, plant-based alternatives, and healthy ingredients, and
is fully committed to sustainable practices and meeting its
environmental, social, and governance (ESG) goals.
"Kalsec is a global company that has been serving food
manufacturing customers in Europe
for over 27 years," said James
Smith, vice president and managing director - Europe, for Kalsec. "Growing our pan-European
partnership with Univar Solutions enables us to leverage our joint
technical and personnel support capabilities to provide additional
customers with more natural and sustainable solutions and local
expertise. We are pleased to work with a partner that shares our
values in supply chain sourcing and helps support our purpose
of unlocking the potential of people, nature, and science to
nourish the world."
With this expanded authorization, Univar Solutions
continues to strengthen its ingredients portfolio, already working
closely with Kalsec in Mexico,
Colombia, and European countries
such as Norway, Sweden, Finland, Denmark, Ireland, the United
Kingdom, and Poland. Univar
Solutions is committed to working with premier suppliers like
Kalsec, a certified B Corp, that meets the highest verified
standards of social and environmental performance, transparency,
and accountability. The addition of Kalsec's innovative
products bring a suite of ingredients to Univar
Solutions' leading specialty portfolio for food and beverage
manufacturers at the cutting edge of industry and culinary trends.
Kalsec's products are derived from natural herbs, spices, and
vegetables, and are translated into easy-to-use liquid
extracts.
For more information about Univar Solutions' food
ingredients business, visit univarsolutions.com/foodology.
For more information about Kalsec's portfolio of solutions
and its commitment to unlocking the potential of people, nature,
and science to nourish the world, visit kalsec.com.
About Univar Solutions
Univar Solutions is a
leading global specialty chemical and ingredient distributor
representing a premier portfolio from the world's leading
producers. With the industry's largest private transportation fleet
and technical sales force, unparalleled logistics know-how, deep
market and regulatory knowledge, formulation and recipe
development, and leading digital tools, the Company is
well-positioned to offer tailored solutions and value-added
services to a wide range of markets, industries, and applications.
While fulfilling its purpose to help keep communities healthy, fed,
clean and safe, Univar Solutions is committed to helping customers
and suppliers innovate and focus on Growing Together. Learn more
at univarsolutions.com.
About Kalsec® Inc.
Kalsec®
Inc provides innovative taste and sensory, natural food protection,
natural colors, and advanced hops solutions to the food and
beverage industries. We capture the best nature has to offer and
utilize over 60 years of experience and industry leading innovation
to make food and beverage products look better, taste better, and
last longer. Family owned and headquartered in Kalamazoo, Michigan since 1958, Kalsec has
regional offices, laboratories and sales teams in North America, Europe, and Asia. As a certified B Corp, Kalsec makes
ethical and sustainable decisions that serve our customers,
employees, communities, and the environment. We are proud to be
using our business as a force for good. For more information, visit
www.kalsec.com.
Forward-Looking Statements and Information
This communication contains forward-looking statements as that
term is defined in Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally can be identified by words
such as "believes," "expects," "may," "will," "should," "could,"
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Forward-looking statements are subject to known and unknown
risks and uncertainties, many of which may be beyond the Company's
control. Potential factors that could affect such forward-looking
statements include, among others: general economic conditions,
particularly fluctuations in industrial production and consumption
and the timing and extent of economic downturns; significant
changes in the business strategies of producers or in the
operations of customers; increased competitive pressures, including
as a result of competitor consolidation; potential supply chain
disruptions; significant changes in the pricing, demand and
availability of chemicals; potential cybersecurity incidents,
including security breaches; the Company's indebtedness, the
restrictions imposed by, and costs associated with, its debt
instruments, and its ability to obtain additional financing; the
broad spectrum of laws and regulations that the Company is subject
to, including extensive environmental, health and safety laws and
regulations and changes in tax laws; an inability to generate
sufficient working capital; transportation related challenges,
including increases in transportation and fuel costs, changes in
the Company's relationship with third party transportation
providers, and ability to attract and retain qualified drivers;
accidents, safety failures, environmental damage, product quality
issues, delivery failures or hazards and risks related to its
operations and the hazardous materials it handles; potential
inability to obtain adequate insurance coverage; ongoing
litigation, potential product liability claims and recalls, and
other environmental, legal and regulatory risks; challenges
associated with international operations; exposure to interest rate
and currency fluctuations; an inability to integrate the business
and systems of companies it acquires, including failure to realize
the anticipated benefits of such acquisitions; possible impairment
of goodwill and intangible assets; its ability to attract or retain
a qualified and diverse workforce; negative developments affecting
its pension plans and multi-employer pensions; labor disruptions
associated with the unionized portion of its workforce; its ability
to execute on its initiatives and goals related to environmental,
social, and governance ("ESG") matters and the increasing legal and
regulatory focus on ESG; the impacts resulting from the conflict in
Ukraine or related geopolitical
tensions; the ability of the Company to successfully recover from a
disaster or other business continuity problem due to a hurricane,
flood, earthquake, terrorist attack, war, conflict, pandemic,
security breach, cyber-attack, power loss, telecommunications
failure or other natural or man-made event, including the ability
to function remotely during long-term disruptions such as the
COVID-19 pandemic; the impact of public health crises, such as
pandemics (including the COVID-19 pandemic) and epidemics and any
related Company or governmental policies and actions to protect the
health and safety of individuals or governmental policies or
actions to maintain the functioning of national or global economies
and markets, including any quarantine, "shelter in place," "stay at
home," workforce reduction, social distancing, shut down or similar
actions and policies; actions by third parties, including
government agencies; and the other factors described in the
Company's filings with the SEC. For additional information
concerning factors that could cause actual results and events to
differ materially from those projected herein, please refer to the
Company's most recent Annual Report on Form 10-K for the fiscal
year ended December 31, 2022, and to
other documents filed by the Company with the SEC. We caution you
that the forward-looking information presented in this
communication is not a guarantee of future events or results, and
that actual events or results may differ materially from those made
in or suggested by the forward-looking information contained in
this communication.
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only as of the date of this communication and should not be relied
upon as representing the Company's views as of any subsequent date,
and the Company undertakes no obligation, other than as may be
required by law, to update any forward-looking statement.
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SOURCE Univar Solutions Inc.