March 4 2016, David R Brown
Brenntag acquires ACU Pharma und Chemie Group as it continues to build its added-value services offering
Brenntag, the global market leader in chemical distribution, has acquired ACU Pharma und Chemie Group (ACU) a German-based company providing added-value services to life science customers in Germany and Europe.
The acquisition brings us powerful expertise as well as plant technology for a variety of services
Karsten Beckmann
CEO Brenntag Europe, Middle East and Africa
According to Karsten Beckmann, Member of the Board of Management of Brenntag Group and CEO Brenntag Europe, Middle East and Africa, “The core competence of ACU in the area of ultra-fine milling of solids allows us to continue expanding our portfolio of value-added services, particularly for customers in the Life Science segment. The acquisition brings us powerful expertise as well as plant technology for a variety of services. We can now offer our customers an additional advantage by positioning Brenntag as a reliable, efficient partner in this part of the supply chain as well.”
ACU specializes in the milling and micronization of products and compound mixtures. In its modern facility, the company produces high quality powders for customers in many different industries. Besides this custom-made contract manufacturing, ACU sells its own micronized products, especially lithium carbonate.
“This acquisition is attractive for several reasons. Brenntag can profit from the outsourcing trend among chemical producers in areas such as micronization which are not core business activities. In addition, we are breaking into the attractive lithium-carbonate distribution business in Germany, Austria and Switzerland,” says Anthony Gerace, Managing Director Mergers & Acquisitions at Brenntag Group.
The acquired business generated sales of approximately EUR 4.5 million in 2015.
About Brenntag
Headquartered in Mülheim an der Ruhr, Germany, Brenntag is the market leader in chemical distribution and operates a global network of over 490 locations in more than 72 countries. In 2014, the company, which has a global workforce of more than 13,000, generated sales of EUR 10.0 billion (USD 13.3 billion). With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to around 170,000 customers. This includes specific application technology, extensive technical support and value-added services such as just-in-time delivery, product mixing, formulation, repackaging, inventory management and drum return handling.
Source(s): Brenntag Press Release
Further Information
Visit: http://www.brenntag.com