Univar to Distribute Deinove's Newest Nature-Based Cosmetic Active

NETHERLANDS, Nov. 5, 2018 /PRNewswire/ -- Europe, Univar B.V., a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, said today that Deinove has announced their intention to appoint Univar as its distributor of the Phyt-N-Resist® nature-based cosmetic active in the Europe, Middle East, and Africa regions.  To further integrate its promotional and commercial efforts, Deinove selected Univar based on the company's deep industry specialization and global technical expertise serving the beauty and personal care space.

Created by Deinove, Phyt-N-Resist® is an innovation in the world of nature-based active ingredients with a 100% pure phytoene formulation concentrated in organic jojoba oil.  A colorless carotenoid obtained through a process of fermentation of natural sugars by the extremophilic bacterium Deinococcus geothermalis, Phytoene helps fight against skin aging by reducing oxidative stress and accelerating skin regeneration. Its efficacy and safety have been successfully demonstrated by in vitro, ex vivo and clinical studies.

"We are very pleased that Univar, a leading specialty distributor in Europe, Middle East, and Africa, has chosen Phyt-N-Resist® to enhance their portfolio and diversify into cosmetic actives," said Coralie Martin, Deinove's marketing director.  "This distribution agreement confirms our outsourced marketing strategy for global distribution as recently announced."

With access to a large and prestigious portfolio of beauty and personal care solutions, Univar offers strong market coverage and industry expertise to supplier partners around the globe.

"Phyt-N-Resist® expands our offering of actives, while complementing our distribution portfolio of functional specialty ingredients," said Arnita Wofford, Univar's head of marketing for Europe, Middle East and Africa.  "We're very excited about this biosourced asset because of its sustainable properties, and our teams are looking forward to presenting it to our prestigious customers in the cosmetics industry."

About Univar Inc.
Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredient distributor and provider of value-added services, working with leading suppliers worldwide.  Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America.  Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world.  For more information, visit www.univar.com. 

About Deinove
DEINOVE (Euronext Growth Paris: ALDEI) is a biotech company that discovers, develops and produces high added-value compounds from rare microorganisms for use in the fields of health, nutrition and cosmetic markets. To do so, DEINOVE draws on two key assets:

• A unique library of 6,000 rare or unexploited bacterial strains.
• A metabolic and fermentation engineering platform capable of leveraging these natural "microfactories" to turn them into new industrial standards.

Based in Montpellier, DEINOVE employs approximately 55 employees and has nearly 130 international patents. The Company has been listed on Euronext Growth since April 2010.  For more information, visit www.deinove.com. 

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act 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 our control.  We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events 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," "comfortable with," "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 we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

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SOURCE Univar Inc.