23.12.2015 • News • Elaine Burridge • Mergers & Acquisitions (M&A) • Brenntag

Brenntag Buys German Specialty Polymers Distributor

German chemical distributor Brenntag has signed an agreement to purchase Leis Polytechnik for €15.9 million. The company specializes in the development, production and distribution of high-performance polymer compounds.

The acquisition expands Brenntag’s engineering and high-performance polymers portfolio to include compounding, which the distributor notes is a fast-growing business.

Anthony Gerace, Brenntag’s managing director for Mergers & Acquisitions, said Leis is a perfect supplement to its market footprint and portfolio of specialty polymers. The company supplies around 700 products for various applications in the automotive, electronics, medical technology, packaging, and building and construction industries.

The acquired business is expected to generate sales of about €11.3 million in the 2016 financial year. The transaction is due to close in the coming weeks.

Interview

Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

Special Issue

Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.