Debevoise & Plimpton LLP has advised Univar Inc., Clayton, Dubilier & Rice LLC and Temasek Holdings (Private) Limited in a secondary offering of 12.5 million shares of Univar Inc. common stock by investment funds affiliated with Clayton Dubilier & Rice LLC and Dahlia Investments Pte. Ltd., an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited, at a public offering price of $25.25 per share. Goldman, Sachs & Co. was the sole underwriter in the offering. The offering closed on December 15, 2016.

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. With a broad portfolio of products and value-added services, and deep technical and market expertise, Univar delivers the tailored solutions customers need through one of the most extensive chemical distribution networks in the world.

Clayton Dubilier & Rice LLC, founded in 1978, is a private equity firm with an investment strategy predicated on producing superior financial returns through building stronger, more profitable businesses.

The Debevoise team was led by partners Steven J. Slutzky and Gary Friedman and included associates Kevin R. Grondahl, Ben Lee Friedman and Ashwin D. Phadnis.

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.