Univar (UNVR) Solutions and Novozymes Announce Expanded Distribution Agreement in Latin America

April 20, 2021 4:33 PM EDT

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Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, today announced an agreement to expand its existing global relationship with Novozymes, a world leader in biological solutions, to include Latin America. Under terms of the new agreement, Univar Solutions will distribute enzymes for the dairy and protein ingredient sectors in Brazil and the protein ingredient and brewing sectors in Colombia, Ecuador, Peru and Bolivia. Meanwhile, in Mexico and Central America, Univar Solutions will distribute Novozymes' entire food and beverage enzyme portfolio.

"Our strategic collaboration with Novozymes demonstrates our commitment to providing customers with the finest raw materials and solutions from world-class producers and this affords Univar Solutions a significant opportunity to expand our food ingredients business into Latin America," said Kevin Hack, vice president of global Food Ingredients at Univar Solutions. "We see significant growth potential for Novozymes' portfolio as we continue to expand our partnership and strengthen our offering to customers across Latin America."

Novozymes is a global leader in the production and development for the food and beverage industries and impacting the sustainable growth of these markets. Novozymes and Univar Solutions started their business relationship in 2004. Since then, the companies' partnership has expanded across geographies and serving several food ingredients market segments to now include Latin America.

"We are proud to be one of the leading global food ingredient distributors, but the value we bring to partners like Novozymes goes far beyond distribution," commented Jorge Buckup, president, Latin America, for Univar Solutions. "Our value-added services offering is fueled by our team of food scientists in test kitchens and Solution Centers around the world. By providing customers and partners with insight regarding top market trends, access to best-in-class ingredients and unmatched services and solutions, we create value and advance go-to-market efforts."

Across Latin America, Univar Solutions helps customers create streamlined, highly efficient production cycles and offers deep experience across a vast range of industries. Through our partnerships with suppliers like Novozymes, we're well-positioned to help customers anticipate, navigate and leverage growth opportunities.

"As we continue to bring innovative enzyme products to market, we recognize the importance of a successful and expansive distribution partnership," said Viviane Pereira de Souza, director of Consumer Biosolutions-AS at Novozymes South America.

"We are happy to expand our relationship with Univar Solutions in Latin America and to be able to build the same model of success that we have already achieved around the world, providing solutions and innovation in biotechnology for food and beverage industries," added Ángel Cortés, sales manager at Nozozymes Mexico, Central America & Caribbean.

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