05-Jan-2018 - Brenntag AG

Brenntag acquires Quimitécnica

Brenntag expands market coverage and service portfolio in Portugal and Spain

Brenntag has signed an agreement to acquire Quimitécnica.com – Comércio e Indústria Química S.A., Portugal (“Quimitécnica”). As a service provider, Quimitécnica has a strong focus on offering a wide range of chemical products, blends, logistics and storage services to various industrial business segments in Portugal, the North of Spain and several African countries.

Karsten Beckmann, Member of the Board of Management of Brenntag Group and CEO Brenntag Europe, Middle East and Africa (EMEA): “The acquisition of Quimitécnica is an excellent strategic fit to Brenntag’s existing distribution activities in Iberia as we gain access to key customer industries in Portugal and in the area of North of Spain. We thus expand our value-added service offerings to our regional customers and suppliers.”

Quimitécnica has a strong position in the markets for industrial chemicals, water treatment, pulp and paper and specialty chemicals.

Anthony Gerace, Brenntag Group’s Managing Director Mergers & Acquisitions: “With a wide product range targeting various industry segments and six strategically located sites offering customized logistics services and inventory management, Quimitécnica serves as an excellent platform to expand and diversify our distribution activities in Portugal and Spain.”

The acquired business generated sales of 37.0 million EUR in the financial year 2016. Closing of the transaction is subject to certain contractual closing conditions and regulatory approvals and is expected to occur in the course of the next weeks.

Facts, background information, dossiers
More about Brenntag
  • News

    Brenntag achieved excellent results in an exceptional market environment in the second quarter 2021

    Christian Kohlpaintner, Chief Executive Officer of Brenntag SE, said: “We achieved excellent results in the second quarter and are highly satisfied with the performance of our two global divisions Brenntag Essentials and Brenntag Specialties. Brenntag Specialties performed particularly well ... more

    Brenntag acquires North American acetone specialist Matrix Chemical

    Brenntag acquires all operating assets and business of Matrix Chemical, LLC (“Matrix”). The company is a solvents distributor and the largest distributor of acetone in North America with sales of around USD 200 million year to date in 2021. Steven Terwindt, Member of the Management Board of ... more

    Brenntag strengthens its Specialties business in Asia Pacific by closing two acquisitions

    Brenntag made further important steps in strengthening its business in China with the closing of two acquisitions within its Specialties division. On July 23, the acquisition of the first tranche (67%) of food ingredients specialist Zhongbai Xingye has been closed. The closing of the second ... more

  • Companies

    Brenntag Nederland B.V.

    We are committed to excellence in every aspect of our business to remain on top. To that end, we conduct all matters with the utmost degree of integrity and responsibility. We would not be the world’s leading chemical distributor if we did not make a meaningful impact to our business partne ... more

    Brenntag S.p.A.

    The Brenntag Group is the leading chemical distributor in Italy. In 2005 Brenntag Italy generated 355 million euro of turnover. Our scope is to offer a high-quality service on the basis of a strong network of sites covering the whole country. We are committed to applying a high level of ... more

    Brenntag Química, S.A.

    We are committed to excellence in every aspect of our business to remain on top. To that end, we conduct all matters with the utmost degree of integrity and responsibility. We would not be the world’s leading chemical distributor if we did not make a meaningful impact to our business partne ... more