Jens Birgersson Becomes New Brenntag CEO
Jens Birgersson becomes new Brenntag CEO
Brenntag
Transforming Distribution Strategies
Experts of Ataman Chemicals, Barentz, Biesterfeld, Brenntag, BÜFA Chemicals, CSC Jaeklechemie, Häffner, IMCD, Krahn Chemie, Möller Chemie, Nordmann, RN Chemicals, and Stockmeier share their opinions
Statement: Ewout van Jarwaarde, CEO, Brenntag Essentials
CHEManager asked executives and industry experts from a broad range of chemical distributors to share their views on how their companies are dealing with this changing economic environment and the resulting opportunities and challenges.
Statement: Michael Friede, CEO, Brenntag Specialties
CHEManager asked executives and industry experts from a broad range of chemical distributors to share their views on how their companies are dealing with this changing economic environment and the resulting opportunities and challenges.
05.04.2024 • News
Brenntag Acquires Specialties Distributor in UK
German distribution giant Brenntag announced the acquisition of Lawrence Industries, an independent specialties distributor in the UK. The transaction, Brenntag said, further strengthens the company’s position within Material Science and across the coatings, adhesives, sealants and elastomers (CASE), construction, polymer and rubber industries. Financial details of the deal were not disclosed.
08.02.2024 • News
Brenntag Acquires a Chemical Logistics Site in Italy
Brenntag announced the agreement to acquire a chemical logistics site of Chimica D’Agostino in Italy. The site is located in the industrial area of the city of Bari, well connected with Adriatic highway, and with easy access to harbours on the seaside.
17.11.2023 • News
Brenntag Supports Energy Sector with New US Site in Louisiana
German chemicals and ingredients distributor Brenntag has opened its new facility in Maurice, Louisiana, USA. Strategically positioned along the US Gulf Coast, the new site will be the primary operations hub for Coastal Chemical, a subsidiary of Brenntag, in addition to serving other areas in the region, the company said.
14.09.2023 • News
Brenntag Opens New Personal Care Innovation & Application Center in France
Brenntag started operations of its new personal care Innovation & Application Center in Lille, France.
21.06.2023 • News
Brenntag Buys Chinese Specialties Distributor Saifu
Brenntag is to acquire Chinese distributor Shanghai Saifu Chemical Development for an undisclosed sum. The transaction is expected to close later this year.
09.06.2023 • News
Activist Investors Continue to Pressure Brenntag
Activist investors continue to pile pressure on Brenntag. Both Engine and PrimeStone have openly rejected Brenntag’s proposed two new supervisory board members – Richard Ridinger and Sujatha Chandrasekaran – who are up for election at Brenntag’s annual meeting on Jun. 15.
23.03.2023 • News
Brenntag Buys Singapore’s Aik Moh Group
Brenntag has agreed to acquire Aik Moh Group, headquartered in Singapore and covering Southeast Asian markets for industrial chemicals. Financial terms of the transaction were not disclosed.
01.03.2023 • News
Brenntag Buys South African Water Treatment Facility
Brenntag has expanded its capabilities in South Africa with the purchase of a Johannesburg facility focused on water treatment solutions. The purchase price was not disclosed.
04.01.2023 • News
Brenntag and Univar Call off ’Engagement’
German distribution giant Brenntag is retreating from plans to acquire US rival Univar. The company said in an ad hoc statement that it is “no longer pursuing these discussions.”
21.12.2022 • News
Brenntag Expands South American Facilities
Brenntag has opened a new facility in Zarate, Argentina, unifying its operations in Buenos Aires into a single site and expanding its capabilities to customers. The site comprises offices, warehouses, storage tanks, three tank truck unloading spaces, two drumming stations and a mixing and blending building.
28.11.2022 • News
Brenntag Eyes Takeover of Rival Univar
Brenntag and Univar Solutions have both confirmed reports from late last week that they are in talks about the German-multinational chemical distributor acquiring its US rival. Both companies stress that the negotiations are at a preliminary stage.
14.11.2022 • News
Brenntag Launches Second Phase of Growth Strategy
Leading chemicals and ingredients distributor Brenntag has announced the second phase of its strategic growth plan, which sets new goals until 2026.
04.11.2022 • News
Acquisitions for Brenntag in Australia and USA
Leading international distributor Brenntag has acquired the life science business of Ravenswood, strengthening its position in the Australian and New Zealand specialties market. The deal is expected to close next month.
24.08.2022 • News
Brenntag Buys UK Surfactants Business
Brenntag has acquired Prime Surfactants in the UK for an undisclosed sum. Headquartered in Leeds, the company is a leading distributor of surfactant specialties for the personal care and household, industrial & institutional (HI&I) industries, among other segments, in the UK.
10.06.2022 • News
Brenntag Expands Saudi Presence with Al-Azzaz Venture
Leading chemicals and ingredients distributor Brenntag is partnering Al-Azzaz Chemicals, a Saudi Arabian specialty chemicals distributor, in a 75:25 joint venture. Brenntag’s alliance in Saudi is represented through Trychem FZCO, its majority-owned joint venture based in the United Arab Emirates.
Expert Statement: Christian Kohlpaintner, CEO, Brenntag
CHEManager asked executives and industry experts to share their views on the prospects for the chemical distribution sector.
10.05.2022 • News
Prospects for the Chemical Distribution Industry
The chemical distribution business is a diverse industry that provides customized solutions for important sectors such as pharmaceuticals, paints & coatings, agriculture, cosmetics, food & feed, and automotive. At the center of the supply chains of these sectors, distributors are critical partners for global corporations as well as for SMEs. This role has become particularly obvious and relevant during the corona crisis.
M&A Activity in the Chemical Distribution Industry
Mergers & acquisitions activity in the chemical distribution industry was high in 2021, but current macro-economic conditions may have a dampening effect on the number of deals that will conclude by the end of this year.
04.03.2022 • News
Brenntag Enters Israeli Specialty Chemicals Distribution
Germany-based globally focused chemicals distributor Brenntag has entered the Israeli specialty chemicals distribution market, acquiring Y.S Ashkenazi Agencies and its subsidiary, Biochem Trading. Brenntag said signing and closing of the acquisition took place simultaneously. Financial terms were not disclosed.
15.12.2021 • News
Brenntag Expands Poland Site
German multinational chemical distributor Brenntag has announced plans to expand its site in Kędzierzyn-Koźle, Poland, to increase its service capabilities to customers in the animal nutrition and pet food industry. Proposals include adding a new production line and expanding storage capabilities by the end of 2022.
06.08.2021 • News
Brenntag Buys Matrix Chemical
In its fifth announced acquisition so far this year, Brenntag has taken over North America's Matrix Chemical for an undisclosed sum. Signing and closing of the acquisition occurred simultaneously.
28.07.2021 • News
Brenntag Closes China Purchases
Brenntag has completed two purchases in China within its Specialties division. On Jul. 23, it closed the acquisition of the first tranche – 67% - of food ingredients specialist Zhongbai Xingye. Purchase of the second tranche – and full acquisition – of the Beijing-based company is expected to be finalized by the end of 2024.
24.06.2021 • News
Brenntag Boosts US Nutrition with JM Swank Buy
Brenntag is to buy US-based Storm Chaser Holding, also known as JM Swank, a leading distributor of food ingredients, in its third acquisition so far this year. The transaction is expected to close during the third quarter of 2021.
Mergers & Acquisitions Are an Integral Strategic Component
In the drive to reach growth objectives, or to maintain and enhance “critical mass”, mergers & acquisitions (M&A) has been a theme for the chemical distribution industry for years. The industry leaders (by size and geographic reach) were all built through a series of such transactions. The practice is further trickling down to the smaller and mid-sized company layer of the sector, and more distributors espouse external growth options.
Expert Statement: Christian Kohlpaintner, Brenntag
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
M&A Activity Will Continue, No Doubt!
Analysis of the mergers & acquisitions activity in chemical distribution under the impression of the pandemic situation and how it might develop going forward.
01.02.2021 • News
Brenntag Buys UK’s ICL Packed
Brenntag has strengthened its water treatment business in the UK with the acquisition of ICL Packed, its second purchase this year so far. Financial terms of the deal, which was signed and closed on the same day, were not disclosed.
29.01.2021 • News
Brenntag to Buy Food Ingredients Distributor in China
In a move to expand its food and nutrition business in China, Germany-based international distributor Brenntag said it plans to acquire the majority of specialty ingredients distributor Zhongbai Xingye. The activities will become part of the global division of Brenntag Specialties. The deal values the business at about €90 million.
26.12.2020 • News
Brenntag Buys Canada’s Alpha Chemical
German-headquartered multinational chemical distributor Brenntag has agreed to buy Canada’s Alpha Chemical for an undisclosed sum.
29.10.2020 • News
Brenntag Cuts Jobs, Closes Sites in Transformation Program
Brenntag has announced plans to cut its workforce by approximately 1,300 and close about 100 sites across all regions as it implements its transformation program – named Project Brenntag – to increase focus, reduce complexity and strengthen its leading global market position.
19.10.2020 • News
Brenntag Buys Italy’s Comelt
Brenntag has agreed to buy Italian activated carbon company Comelt and its subsidiary Aquadepur for an undisclosed sum.
