Univar Solutions Adds Kalsec Inc. Advanced Hop Ingredients To Its Portfolio Through New Distribution Agreement
Portfolio Pulse from Happy Mohamed
Univar Solutions Inc. (NYSE:UNVR) has expanded its distribution relationship with Kalsec Inc. to include advanced hop ingredients in the United States. This agreement builds on their existing partnership for distribution of Kalsec's natural taste and sensory, colors, and food protection solutions in Mexico, Colombia, and Europe. Kalsec is a leader in hops innovation and has been providing the brewing and beverage industries with advanced hop solutions for over 40 years.
July 27, 2023 | 12:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Univar Solutions' expanded distribution agreement with Kalsec for advanced hop ingredients in the US could potentially boost its revenues and strengthen its position in the specialty ingredients and chemicals market.
The expanded distribution agreement with Kalsec allows Univar Solutions to add advanced hop ingredients to its portfolio. This could potentially increase its market share in the specialty ingredients and chemicals market, leading to increased revenues. The news is highly relevant as it directly involves Univar Solutions and could have a significant impact on its financial performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100