--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-199985" form_type: "8-K" ticker: null cik: "0001494319" company_name: "Univar Solutions Inc." filed_at: "2023-08-01T23:59:59+00:00" generated_at: "2026-06-12T17:52:14.933881+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Apollo Funds complete $36.15/share acquisition of Univar Solutions; stock delisted ## Summary - Apollo Funds and ADIA acquire Univar Solutions for $36.15 per share in cash; all outstanding shares converted. - Univar Solutions common stock (UNVR) delisted from NYSE as of August 1, 2023; reporting obligations to be suspended. - All prior directors resigned; Samuel Feinstein and Stanislav Shamayev appointed to the board. - All equity awards cashed out; $454M of 5.125% Senior Notes due 2027 redeemed and credit facilities terminated. - Company continues as Univar Solutions under Apollo ownership; David Jukes remains CEO. ## SEC filing metadata - accession: 0001193125-23-199985 - form_type: 8-K - cik: 0001494319 - company_name: Univar Solutions Inc. - filed_at: 2023-08-01T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/d719737d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-199985 - JSON: https://secwatch.observer/filing/0001193125-23-199985.json - Plain text: https://secwatch.observer/filing/0001193125-23-199985.txt ## Key facts - Executive change David Jukes resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Stanislav Shamayev was appointed as Director at Univar Solutions Inc.. - Action: appointed - Role: Director source text: the following directors were appointed to the Board: Samuel Feinstein and Stanislav Shamayev. evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Joan A. Braca resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Daniel P. Doheny resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Mark J. Byrne resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Robert L. Wood resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Rhonda Germany resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Stephen D. Newlin resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Samuel Feinstein was appointed as Director at Univar Solutions Inc.. - Action: appointed - Role: Director source text: the following directors were appointed to the Board: Samuel Feinstein and Stanislav Shamayev. evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Varun Laroyia resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Christopher D. Pappas resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Executive change Kerry J. Preete resigned as Director at Univar Solutions Inc.. - Action: resigned - Role: Director source text: In connection with the Merger, each of Christopher D. Pappas, David Jukes, Joan A. Braca, Mark J. Byrne, Daniel P. Doheny, Rhonda Germany, Varun Laroyia, Stephen D. Newlin, Kerry J. Preete and Robert L. Wood each resigned from and ceased to be members of the board of directors evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Governance Changes Univar Solutions Inc.: Bylaws amended and restated in their entirety in connection with the merger. - Change: bylaw amendment source text: Univar Solutions’ certificate of incorporation and bylaws were amended and restated in their entirety. evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Governance Changes Univar Solutions Inc.: Certificate of incorporation amended and restated in its entirety in connection with the merger. - Change: charter amendment source text: Univar Solutions’ certificate of incorporation and bylaws were amended and restated in their entirety. evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - M&A Transactions Univar Solutions Inc. underwent a change of control involving Apollo Global Management, Inc. and Abu Dhabi Investment Authority for $36.15 per share in cash (closed 2023-08-01). - Action: change of control - Counterparty: Apollo Global Management, Inc. and Abu Dhabi Investment Authority - Consideration: $36.15 per share in cash - Closing: 2023-08-01 source text: below) and (d) shares subject to time-based vesting, forfeiture or other lapse restrictions (“ Restricted Share Awards ”)) converted automatically into the right to receive $36.15 per share in cash, without interest, subject to any required tax withholding (the “ Merger Consideration ”). Additionally, at the Effective Time, each share of common stock, par evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Material Agreements Univar Solutions Inc. terminated Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $454,030,000 in aggregate principal amount. - Action: termination - Agreement: notes offering - Counterparty: U.S. Bank Trust Company, National Association, as trustee - Value: $454,030,000 in aggregate principal amount source text: Univar Solutions caused Univar Solutions USA Inc. (the “ Issuer ”) to redeem all $454,030,000 in aggregate principal amount of the 5.125% Senior Notes due 2027 (the “ Notes ”) under that certain Indenture evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Material Agreements Univar Solutions Inc. terminated Credit Agreement with Bank of America, N.A.. - Action: termination - Agreement: credit facility - Counterparty: Bank of America, N.A. source text: the Company caused to be repaid in full all amounts outstanding and terminated all commitments under its (a) Credit Agreement evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm - Material Agreements Univar Solutions Inc. terminated ABL Credit Agreement with Bank of America, N.A.. - Action: termination - Agreement: credit facility - Counterparty: Bank of America, N.A. source text: dated as of October 27, 2022, by and among Univar Solutions, Univar Solutions Canada Ltd., Univar Netherlands Holding B.V., Bank of America, N.A. evidence_url: https://www.sec.gov/Archives/edgar/data/1494319/000119312523199985/0001193125-23-199985-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.