Canadian affiliate of PE-backed Univar acquires Nexus Ag
The Canadian subsidiary of Univar Inc (NYSE: UNVR) has acquired the assets of Nexus Ag Business Inc, a Saskatoon-based wholesale fertilizer distributor in Western Canada. No financial terms were released. Univar said the deal expands its agriculture product offering with micro-nutrients and specialty fertilizers. It also enlarges the company's agricultural distribution network in Canada to 16 facilities in four provinces. Based in Downers Grove, Illinois, Univar is a portfolio company of U.S. private equity firm Clayton, Dubilier & Rice, European firm CVC Capital Partners, and other investors.
23 March 2016•3 mins read
