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124 Current news of Brenntagrss
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Brenntag pushes ahead with substantial acquisitions fostering its focus industries
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 in ...
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 ...
Closing of 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 ...
Successful start of the two new global divisions Brenntag Essentials and Brenntag Specialties with strong results
Brenntag reports very strong results in the first quarter 2021 by prudently navigating through fast changing market conditions. The two global divisions Brenntag Essentials and Brenntag Specialties, had a successful start and both contributed strong results. Christian Kohlpaintner, Chief ...
Brenntag reports very good results for the year 2020 despite extraordinary economic conditions due to the global COVID-19 pandemic. The company implemented a global crisis management and managed to maintain supply chains uninterrupted throughout the year. In addition, Brenntag initiated a ...
Brenntag announces the acquisition of ICL Packed Ltd., a subsidiary of Industrial Chemical Ltd. (ICL). Operating from England the acquired business is a specialist in the distribution of packaged chemicals for water treatment. Steven Terwindt, Member of the Management Board of Brenntag Group and ...
Brenntag has signed an agreement to acquire Alpha Chemical Ltd. Alpha Chemical, headquartered in Dartmouth, Nova Scotia, Canada, is a full-line chemical distributor with a focus on several key industries including Oil & Gas, Mining, Water Treatment and Aquaculture. Lars Schneider, President ...
appointment of Ewout van Jarwaarde as Chief Transformation Officer
The Supervisory Board of Brenntag AG appointed Ewout van Jarwaarde as new Member of the Board of Management and Chief Transformation Officer (CTO). The 37-year-old Dutchman will take over the newly created position as CTO as of January 1, 2021 and will be responsible for the execution of the ...
Brenntag and CheMondis announce a first cooperation. Brenntag and CheMondis plan to jointly accelerate digital sales and marketing for the chemical industry. Both companies recognize the increasing importance of online sales channels for the chemical industry and agreed to collaborate in this ...
Reduction of about 1,300 jobs globally intended over the next two years
The Management Board and the Supervisory Board of Brenntag AG decided about the scope of Project Brenntag, the company’s comprehensive transformation program, that is expected to deliver a sustainable annual contribution of additional operating EBITDA of 220 million EUR in total, which will ...