Brenntag completed the acquisition of the entire business of the ISM/Salkat Group. This strategic acquisition significantly expands Brenntag’s market position in Australia and New Zealand and enlarges the existing specialty product portfolio in the region. ISM/Salkat Group is a leading distributor of specialty chemicals in Australia and New Zealand.
Steven Holland, CEO Brenntag Group: “By acquiring the ISM/Salkat Group we make a significant step in building up the capability of Brenntag’s network in Australia and New Zealand. We look forward to working together with the highly experienced management team of the ISM/Salkat Group in order to further position Brenntag as a full-line chemical distributor with an extensive and competitive platform in Asia-Pacific.
ISM/Salkat Group is a specialty chemical distributor with a broad range of products servicing diverse industry segments in partnership with some of the world’s largest manufacturers of chemical products. It has a strong and highly experienced management team.
The ISM/Salkat Group expects sales of AUD 117 million.