Founded in 1925, H.M. Royal built its reputation on deep supplier relationships and technical precision across the rubber, plastics, and adhesives sectors. By joining Univar Solutions, the company gains access to a broader logistics network and digital infrastructure while maintaining the specialized service model that defined its third-generation family leadership. Joseph Royal, President of H.M. Royal, noted that the advisory support from Boxwood Partners allowed the business to pursue the acquisition without compromising daily operations.

Madison Day, a Director at Boxwood Partners, emphasized that the firm’s technical depth and market coverage across both U.S. coasts made it a natural fit for Univar’s strategic expansion. While the financial terms of the deal remain undisclosed, the move effectively merges H.M. Royal’s specialized distribution capabilities with the global scale of Univar Solutions. The Boxwood team managing the sale included Brian Alas, John Atkinson, Manny Dwyer, and Jerry Annunziata, marking another milestone in the firm's focus on advising founder-led industrial businesses.