Brenntag significantly expands its market presence in Asia Pacific

摘要

BRENNTAG further expands its market position in the growth area Asia Pacific by acquiring 100% of the shares of EAC Industrial Ingredients Ltd. A/S, a sizeable provider of chemical distribution solutions in South and South East Asia. Selling company is Copenhagen based The East Asiatic Company Ltd. A/S, a stock-listed Danish company. The purchase price is EUR 160 million on a cash and debt free basis. With the acquisition, Brenntag gains access to an established distribution network active in nine countries with exceptional growth potential.