One Rock-backed Univar Solutions completes purchase of Lavo Bulk business in Canada

Univar Solutions, the Downers Grove, Illinois-based specialty chemicals distributor, has completed its acquisition of certain assets of the Lavo Bulk business in Canada, owned by KIK Consumer Products. The company said the deal strengthens its presence in eastern Canada and broadens the complementary chemical solutions it can offer customers in the region. Univar is a portfolio company of One Rock Capital Partners.

Bob Craycraft, chief executive of Univar's chemical distribution and services unit, said the deal fits the company's strategy in Canada. Financial terms were not disclosed.