Clayton Dubilier snaps up stake in Univar from CVC

first_imgThursday 2 September 2010 7:58 pm Clayton Dubilier snaps up stake in Univar from CVC KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img whatsapp whatsapp Show Comments ▼ PRIVATE equity firm Clayton, Dubilier & Rice said yesterday it had acquired a large minority interest in Univar, a large chemical distribution business, from the buyout firm CVC Capital Partners.Clayton Dubilier and CVC each now own 42.5 per cent of Univar, which is valued at about $4.2bn (£2.7bn) including debt. Clayton Dubilier paid $760m for its stake, according to people briefed on the transaction. CVC Capital Partners took the Rotterdam-based chemicals group private in a €1.5bn deal three years ago and is retaining a 42.5 per cent stake in the company.The company’s management, led by its president and chief executive John Zillmer, will keep a stake of about five per cent. Goldman Sachs and Parcom Capital will own the rest.Univar will postpone an initial public offering for which CVC had announced plans in June. Univar, which had $7.2bn of revenues in 2009, is the market leader in the US and Canada. last_img

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