Brenntag Acquires TER Corporation
17.07.2012 -
Chemical distributor Brenntag has acquired The Treat-Em-Rite Corporation (TER Corporation), a chemical distribution company in the oil and gas industry based in Texas, USA.
TER Corporation has been providing production (well treating) chemicals and specialized services, which help to optimize a well's productivity, to customers operating in South Texas for the past 25 years.
TER Corporation offers cross selling opportunities with other products from Coastal Chemical, a subsidiary of Brenntag North America, and their existing customers. For the financial year 2011 the company generated sales of US$ 11.2 million.