Brenntag to Buy Italian Food Ingredients Supplier

German chemical distributor Brenntag plans to acquire Chimab, an Italian supplier of food ingredients and semi-finished products for several food subsectors including beverage, ice cream and desserts, meat and prepared foods.

The company based near Padua expects sales of more than €32 million for 2014.

Karsten Beckmann, CEO of Brenntag Europe, Middle East and Africa, said the acquisition will further increase the distributor's market penetration in Italy and provide more value-added services to new sectors within the food industry. It is a cornerstone and important contribution towards establishing and promoting the specialty business unit Food in Italy.

Brenntag expects the transaction to close before the end of 2014.

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.