Brenntag adds to its specialty chemcials distribution business in Asia-Pacific

October 27 2016, David R Brown

Brenntag, the global market leader in chemical distribution, has agreed to acquire the distribution business of EPChem Group, Singapore. EPChem is a distribution company for special performance chemicals, dedicated to waxes and wax related products for diverse industries and applications mostly in the Asia Pacific region. The acquisition will include the Group's distribution businesses in Indonesia and China.

With the acquisition, we are strengthening and expanding our specialty chemicals footprint in the region which is one of our strategic growth objectives

Henri Nejade
Member of the Management Board of Brenntag Group and CEO Brenntag Asia Pacific

Henri Nejade, Member of the Management Board of Brenntag Group and CEO Brenntag Asia Pacific: “EPChem's comprehensive product lines perfectly complement Brenntag's product portfolio in Asia Pacific. In addition, the company has an outstanding track record and long-standing partnership with major global wax producers. With the acquisition, we are strengthening and expanding our specialty chemicals footprint in the region which is one of our strategic growth objectives.”

Anthony Gerace, Managing Director Mergers & Acquisitions at Brenntag Group: “Waxes have a broad range of applications in several industries such as personal care, coatings, adhesives and roofing and paving. These are attractive industries with high growth potential, especially for innovative products.”

The business generated total sales of approximately USD 54.6 million in the 12 months until May 2016. Closing of the transaction is expected to occur in the course of the next months, subject to contractually agreed closing conditions.

About Brenntag
Headquartered in Mülheim an der Ruhr, Germany, Brenntag is the market leader in chemical distribution and operates a global network of over 530 locations in more than 74 countries. In 2015, the company, which has a global workforce of more than 14,000, generated sales of EUR 10.3 billion (USD 11.5 billion). With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to around 180,000 customers. These include 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

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