Univar Buys Brazil’s Sweetmix
Univar Solutions has acquired Brazil’s Sweetmix Distribuidora de Materias Primas Industrais for an undisclosed sum. Based in Sao Paulo, Sweetmix offers a range of food mixtures, sweeteners and other ingredients, as well as specialty additives for coatings, adhesives, sealants and elastomers (CASE), rubbers and plastics.
"Our acquisition of Sweetmix represents an exciting opportunity to accelerate our growth in the food ingredients distribution space in Brazil and enhance the value we offer to global suppliers and local customers through a versatile range of ingredients," said Nick Powell, president, Ingredients & Specialties for Univar Solutions.
Jorge Buckup, president of Latin America for Univar Solutions, added: "Importantly, Sweetmix will give us increased scale and serve as an ideal platform for expansion in Latin America with our other recently announced partnerships, including Novozymes and AGT.”
Author: Elaine Burridge, Freelance Journalist
(c) Sweetmix
