Deloitte Corporate Finance acted as exclusive financial advisor to Key Chemical in its sale to Univar. DCF advised Key Chemical on the exploration of various strategic alternatives, including the consideration of a strategic sale and private equity investment.

“We are excited for the opportunity to join a global leader in chemical distribution,” said Steve Norris, founder and CEO of Key Chemical. “The combination of our organizations will position us well to offer new potential for our customers, suppliers and employees. Deloitte Corporate Finance has tremendous depth and resources that allowed us to run a thorough and efficient process. Their team has been terrific to work with and has always offered solid advice.”

“Key Chemical grew from a small, chemical distribution company focused on the energy and water treatment sectors into one of the largest municipal fluoride suppliers in the country. As consolidation in the fragmented chemical distribution space continues, we leveraged our industrial distribution and chemical industry experience to assist Key Chemical in its sale to Univar,” said Brad Winer, Managing Director for DCF.

Key Chemical is a distributor of specialty and commodity chemicals in the United States.

Univar is a global distributor of industrial and specialty chemicals and innovative services.