Univar Solutions Expands Food Ingredients Portfolio Through Distribution Agreement with Leprino Foods Company
Collaboration brings access to more innovative dairy ingredient solutions for customers in North America
DOWNERS GROVE, Ill., March 9, 2023 /CNW/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, announced today that Leprino Foods Company ("Leprino Foods") has selected the Company as an authorized distributor of nutritional ingredients and dairy products, including lactose, sweet whey, whey protein concentrate and isolate, micellar casein, and milkfat globule membrane (MFGM) in the United States and Canada. Used in adult, early life, and nutraceutical blends, sports and animal nutrition products, and commercial food and beverage applications, these increasingly popular ingredients are found in many of the foods and beverages health-conscious consumers demand as they focus on improving overall health and wellness.
"Our relationship with Leprino Foods provides customers expanded access to more of the in-demand ingredients needed to remain atop health-conscious consumers' shopping lists," said Kevin Hack, global vice president of food ingredients for Univar Solutions. "With an unwavering commitment to collaboratively match our suppliers' products with customer needs and our significant North American distribution footprint, we can help Leprino Foods expand their reach while providing customers the support and solutions needed to overcome their dairy formulation challenges."
From an expansive specialty ingredients portfolio to innovative recipe formulation and testing, food brands of all sizes turn to Foodology by Univar Solutions for help with innovation and product development challenges. Coupled with Foodology by Univar Solutions' centralized distribution network and custom supply chain solutions that support critical business operations, customers and suppliers have access to far more than a distributor. Instead, they enjoy a value-added partnership, which serves as an extension of their business. And now, with access to Leprino Foods' trusted nutrient-rich dairy products, customers can better deliver food and beverage dairy solutions across the United States and Canada.
"We are excited to work with Univar Solutions as a trusted supplier and business partner, creating innovative dairy products for the evolving food and nutrition marketplace," said Jason Eckert, senior vice president and general manager for Leprino Foods. "Innovation, food safety, and global responsibility are at the heart of our success, and we're impressed that this aligns with their dedication to helping customers create pioneering food ingredient solutions while demonstrating their commitment to sustainable operations and practices."
For more information about Univar Solutions' food ingredients business, visit univarsolutions.com/foodology.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
About Leprino Foods Company
Leprino Foods Company, headquartered in Denver, Colorado, is a world leader in the production of premium-quality dairy food and ingredients. One of the largest producers of mozzarella cheese in the world, Leprino Foods is also a leading supplier of lactose, whey protein, and sweet whey. Leprino Foods employs approximately 5,000 people worldwide and has global sales in over 55+ countries. The company's expanding international presence provides access to key markets across the globe. Leprino Foods has a joint venture with Glanbia PLC in the U.K., with plants in Llangefni, Wales; Magheralin, Northern Ireland; and Portlaoise in the Republic of Ireland. In South America, the company operates a manufacturing facility in Tapejara, Brazil. The company also has a sales and culinary innovation hub in Singapore, and representative offices in Shanghai and Tokyo. For more information, please visit www.leprinofoods.com.
Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and outlook for the future, which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: general economic conditions, particularly fluctuations in industrial production and consumption and the timing and extent of economic downturns increased competitive pressures, including as a result of competitor consolidation; potential supply chain disruptions; significant changes in the pricing, demand and availability of chemicals; our indebtedness, the restrictions imposed by, and costs associated with, our debt instruments, and our ability to obtain additional financing; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations and changes in tax laws; potential cybersecurity incidents, including security breaches; an inability to generate sufficient working capital; transportation related challenges, including increases in transportation and fuel costs, changes in our relationship with third party transportation providers, and ability to attract and retain qualified drivers; accidents, safety failures, environmental damage, product quality issues; delivery failures or hazards and risks related to our operations and the hazardous materials we handle, potential inability to obtain adequate insurance coverage; ongoing litigation, potential product liability claims and recalls, and other environmental, legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; possible impairment of goodwill and intangible assets; the ongoing and evolving COVID-19 pandemic, including impacts on the global economy, our employees, customers, vendors and suppliers, and our business, results of operation and financial condition; significant changes in the business strategies of producers or in the operations of our customers; an inability to integrate the business and systems of companies we acquire, including failure to realize the anticipated benefits of such acquisitions; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; our ability to attract or retain a qualified and diverse workforce; our ability to execute on our strategies related to environmental, social, and governance matters, and achieve related expectations may be impacted as a result of evolving regulatory and other standards, processes, and assumptions, the pace of scientific and technological developments, increased costs and the availability of requisite financing and changes in carbon markets; and the other factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as well as other filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.
SOURCE Univar Solutions Inc.
Univar Solutions Investor Relations, Heather Kos, +1 844-632-1060, [email protected]; Univar Solutions Media Relations, Dwayne Roark, +1 331-777-6031, [email protected]
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