IK-backed Unipex acquires Ferguson Chemical Innovation

Unipex Group, a portfolio company of European private equity firm IK Investment Partners, has bought Ferguson Chemical Innovation, a chemical manufacturer and supplier based in Brampton, Ontario. The acquisition’s value was not disclosed. Unipex Solutions Canada Inc undertook the deal, which strengthens its industrial portfolio and gains access to new markets and customers in North America, the company said. Based in Québec City, Unipex specializes in active ingredients, specialty chemicals and other chemical products for cosmetics, pharmaceuticals, nutrition and other sectors. It was acquired by IK Investment Partners in 2012.

PRESS RELEASE

Unipex Group Announces Acquisition of Ferguson Chemical Innovation

QUEBEC CITY, QUEBEC–(Marketwired – July 29, 2014) – Unipex Group, through its wholly owned subsidiary, Unipex Solutions Canada Inc., announced today the acquisition of Ferguson Chemical Innovation.

With the acquisition of Ferguson Chemical Innovation (Ferguson), Unipex Solutions Canada strengthens its industrial portfolio and gains access to new markets and customers for its existing line of products in Canada and the United States.

Ferguson’s proven manufacturing and supply experience to the Rubber, Coatings, Plastics and Graphic Arts markets in Canada and the United States, along with its combination of strong technical support and innovative proprietary products, has allowed the company to develop a unique position with customers in North America.

“This acquisition is essential to our growth plans for the industrial portion of our business and will considerably increase our footprint in North America,” said Patrice Barthelmes, President and CEO of the Unipex Group. “The quality suppliers represented by Ferguson and the high level of professionalism we have observed in the Ferguson team are complementary to Unipex’ lines of products and business approach. The combination of Ferguson’s value-added capabilities and Unipex’ ability to market these products will generate a real opportunity for both businesses to benefit from each other’s strengths. We are delighted to have David Jackson join our management team to help us grow our business, and are equally happy to welcome the Ferguson team into our group.”

“I’m proud to bring my team and Ferguson’s century in specialty chemical distribution expertise to the Unipex family,” said David Jackson, President and CEO, Ferguson Chemical Innovation. “And I’m excited about the competitive muscle and marketing-reach this deal represents for our customers.”

For the time being, Ferguson will retain its own visual identity and operate as a boutique brand under the Unipex umbrella.

About Unipex Group

Unipex Group is a privately held company specializing in the development, production, marketing and distribution of active ingredients, specialty chemicals and other chemical products in the cosmetics, pharmaceutical, nutrition and industrial sectors. It is also active in the areas of vigilance and consumer testing through its Iris division. Its distribution and marketing network serves more than 50 countries in North America, Europe and Asia. It counts six offices across North America and Europe. Unipex Solutions Canada is the wholly-owned subsidiary of Unipex Group responsible for the North American distribution activities of the Unipex Group in the cosmetics, pharmaceutical, nutrition and industrial sectors. Additional information regarding the Unipex Group is available on its website www.unipex.com.

About Ferguson Chemical Innovation

Ferguson Chemical Innovation is a Canadian chemical supplier and represents a trusted portfolio of products and technologies from industry leading suppliers to support manufacturers in graphic arts, coatings, rubber, plastics and adhesives. Our qualified and experienced personnel are the strength of our organization.

Contact Information

Patrice Barthelmes
President and CEO
Unipex Group
+33 1 47 32 81 37
patrice.barthelmes@unipex.com

Jean-Pierre Pelchat
General Manager
Unipex Solutions Canada inc.
+1 450 449 2001
jean-pierre.pelchat@unipex.com

David Jackson
President and CEO
Ferguson Chemical Innovation
+1 905 453 7131
djackson@fergusonchemical.com

Photo courtesy of Shutterstock