12.09.2016 • NewsBrenntagElaine BurridgeLubricants

Brenntag Buys US Lubricants Business

(c) Brenntag
(c) Brenntag

German-based global chemical distributor Brenntag has once again boosted its presence in the North American lubricants market with the purchase of Mayes County Petroleum Products (MCP), which is headquartered in Pryor, Oklahoma, USA. The deal follows two other acquisitions made in the US last December, notably J.A.M. Distributing Company, headquartered in Houston, Texas, and G.H. Berlin-Windward, headquartered in Manchester, New Hampshire.

MCP distributes lubricants, commercial fuel, chemicals and ancillary services to customers in the industrial, commercial, construction, mining and agricultural markets, mainly throughout Oklahoma. The business posted sales of $37 million in 2015. Markus Klähn, CEO of Brenntag North America, said the company intends to take an active and regionally selective part in consolidating the North American lubricants distribution sector which is highly attractive and still fragmented.

The transaction is expected to close over the course of the coming weeks. Financial details were not disclosed.

Company

Logo:

Brenntag SE

Messeallee 11
45131 Essen
Netherlands

Company contact







Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.