The acquisition of Solventis Group will allow Brenntag to expand its presence in the European chemicals market.
The international chemicals and ingredients distributor Brenntag
has recently announced it will acquire Solventis Group, a glycols
and solvents distribution company. This acquisition will provide Brenntag access to the Port of Antwerp (Belgium), a major chemical hub in the EMEA region – thus strengthening its presence in the European chemicals market.
“Brenntag Essentials combines a cost-efficient network of last mile service operations with regional sourcing and supply chain services, and global sourcing. Solventis Group is a highly compatible fit to our strategy, adding tollgate capabilities and volume optionality via their Antwerp state-of-the-art site to our regional capacities, while opening interregional optimisation potential. The acquisition will support our integration with increasingly global supply markets while strengthening our regional market position and customer proximity in EMEA,” has stated Ewout van Jarwaarde, CEO of Brenntag Essentials.
“Our global network of suppliers and customers stands to gain significant advantages from Brenntag’s extensive global reach and diverse product and service portfolio. We eagerly look forward to becoming part of the expanding Brenntag Essentials platform, offering our extensive product range encompassing glycols, solvents and automotive products, including coolants, antifreeze, brake fluids and de-icing fluids, to a broader customer base worldwide,” has added David Lubbock, Owner and CEO of Solventis Group.