Debevoise & Plimpton LLP has advised Univar Inc. (“Univar”) and CVC Capital Partners ("CVC") in the sale by certain investors in Univar, including Univar N.V., an investment vehicle managed by CVC and indirectly owned by funds advised by CVC and certain other co-investors, of approximately 21 million shares of common stock of Univar for an aggregate consideration of approximately $394 million.

Founded in 1924, Univar is a global distributor of specialty and basic chemicals from more than 8,000 producers worldwide. Univar operates more than 800 distribution facilities throughout North America, Western Europe, the Asia-Pacific region and Latin America, supported by a global network of sales and technical professionals.

CVC Capital Partners is one of the world's leading private equity and investment advisory firms. Founded in 1981, CVC today has a network of 24 offices and over 300 employees throughout the U.S., Europe, Asia and South America. To date, CVC has secured commitments of over $79 billion in funds from a diverse and loyal investor base, completing over 300 investments in a wide range of industries and countries across the globe, with an aggregate transaction value of over $120 billion.

The Debevoise team was led by partner Steven J. Slutzky and included partner Gary M. Friedman, counsel Stuart Hammer and associates Kevin R. Grondahl, Ashwin D. Phadnis, Benjamin R. Pedersen and Morgan J. Hayes.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.