Univar Solutions' NexusBioAg begins Canadian sole distribution agreement with Novozymes

Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, recently announced that NexusAg has begun its sole distribution agreement with Novozymes for its downstream biological products in Canada, which represents a significant portion of the inoculants portfolio. With the start of this agreement, NexusAg is being renamed NexusBioAg to represent a trusted source for crop nutrition.

This includes adding Novozymes' leading product brands, such as JumpStart, Optimize ST, and TagTeam LCO, to the NexusBioAg extensive portfolio of crop fertility and biological products. In addition, the Univar Solutions' NexusBioAg team welcomes 11 former BioAg Alliance and Novozymes employees, bringing together a diverse group of agricultural experts to help service Canadian farmers and crop retailers.

"This combination is exactly the kind of strategic collaboration the increasingly-advanced Canadian agricultural industry needs," said Neil Douglas, vice president of agriculture for Univar Solutions. "We're combining our decades of industry experience, extensive reach and advanced logistics with Novozymes' trusted and proven inoculant products to bring our NexusBioAg customers new solutions and efficiencies for their crops."

Univar Solutions' NexusBioAg provides a dedicated sales presence that is focused on bringing superior market intelligence data and analytics to predict trends and drive growth.

Thomas Batchelor, vice president for Novozymes BioAg, commented, "Univar Solutions' NexusAg has proven their ability to drive growth and expansion in the crop nutrition category. Moving forward as NexusBioAg with the Novozymes portfolio of premium inoculants further demonstrates their commitment to remaining at the forefront of agricultural innovation."