Brenntag expands market coverage in Spain
Karsten Beckmann, CEO Brenntag Europe, Middle East and Africa: “The acquisition perfectly complements Brenntag’s regional distribution network in Eastern Spain. With Quimicas Meroño we gain access to various key European accounts and additional growth opportunities, especially in key industry sectors such as Food and Oil & Gas. In addition, we profit from the company’s strong capabilities in value added services and blends. The transaction therefore strengthens Brenntag’s position as a leading service provider offering an outstanding product portfolio to our customers and suppliers in the important Spanish market.”
In the financial year 2014, the acquired business has generated total sales of EUR 12.7 million.
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