Brenntag closes acquisition of the chemicals distribution business of Canada Colors and Chemicals
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Dear all, Please find attached Brenntag's press release regarding the closing of the acquisition of the chemicals distribution business of Canada Colors and Chemicals. For further information please see the press release. Please do not hesitate to contact us if you have further questions. Best regards, Hubertus Spethmann
Essen, September 5, 2018
Brenntag closes acquisition of the chemicals distribution business of Canada Colors and Chemicals
Brenntag (WKN A1DAHH), a global leader in chemical distribution, has completed the acquisition of the chemicals distribution business of Canada Colors and Chemicals Ltd. ("CCC"). The acquisition agreement was signed in July 2018.
CCC offers a full-line portfolio with operations in the main industrial areas across all of Canada and serves a highly diversified customer base in industries such as Life Sciences, Water Treatment, Coatings, Construction, Energy and Mining.
Steven Holland, CEO Brenntag Group: "With the acquisition of CCC, Brenntag strengthens its focus and specialties capabilities in both Life Science and Material Science. CCC's broad positioning and extensive product and service portfolio perfectly complement Brenntag's offer to our customers and suppliers."
About Brenntag:
Brenntag, the global market leader in chemical distribution, covers all major markets with its extensive product and service portfolio. Headquartered in Essen, Germany, the company operates a global network with more than 530 locations in 74 countries and a workforce of more than 16,000 employees. In 2017, the company generated sales of EUR 11.7 billion (USD 13.3 billion) worldwide. Brenntag connects chemical manufacturers and chemical users. The company supports its customers and suppliers with tailor-made distribution solutions for industrial and specialty chemicals. With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to around 185,000 customers. This includes specific application technology, an extensive technical support and value-added services such as just-in-time delivery, product mixing, formulation, repackaging, inventory management and drum return handling. Long-standing experience and local excellence in the individual countries characterize the global market leader for chemical distribution.
Hubertus Spethmann Brenntag AG Corporate Communications Messeallee 11 45131 Essen Germany Telefon: +49 (201) 6496-1732 E-Mail: hubertus.spethmann@brenntag.de http://www.brenntag.com