Brenntag is the global market leader in fullline chemical distribution. Linking chemical manufacturers and chemical users the company provides business-to-business distribution solutions for industrial and specialty chemicals globally. With over 10,000 products and a highly diverse supplier base, Brenntag offers one-stop-shop solutions to about 160,000 customers.Headquartered in Mülheim an der Ruhr, Germany, the company operates a global network with more than 400 locations in nearly 68 countries. In 2011, the company realized global sales of EUR 8.7 billion (USD 12.1 billion) with nearly 13,000 employees.
Brenntag headquarters are located in a German city of Mülheim an der Ruhr, at the square which name was officially changed on 14 March 2002 into Stinnes Platz to the honor of the Stinnes family and its contributions to the city. You can read more about the relations between the Stinnes family and Brenntag in the History section.
Brenntag operates a global network with more than 400 locations in nearly 70 countries. Its distribution centres are some of the most modern of their kind in Europe and North America. They meet the highest standards for the protection of environment as well as working and operational safety.
Brenntag manages the business regionally and holds leading market positions across Europe (#1), North America (#3), Latin America (#1) (measured in terms of sales) and a first footprint in the Asia Pacific market place. Its customers are active in diverse end-market industries such as coatings, food, oil & gas, pharmaceuticals, personal care and water treatment, thus making the German company to a large extent independent from specific industries or regional markets.
Brenntag follows a continued profitable growth strategy targeting selected customer industries and focusing on taking over activities from chemical producers seeking outsourcing options. In addition the company constantly seeks acquisition opportunities with a focus on the growth areas of Asia, Latin America and Eastern Europe, thus continuously expanding the geographic coverage and reinforcing its position as market leader.
One of the biggest milestones in the company’s history Brenntag achieved with the successful initial public offering (IPO) on March 29, 2010. Since that time the shares of Brenntag AG were floated in the prime standard segment of the Frankfurt stock exchange. The IPO was an important logical step in the company's growth strategy. The additional financial resources obtained from the initial public offering and the associated capital increase Brenntag will use to further expand their global leading market position. The quick advancement to the MDAX on June 21, 2010 was a proof for the growth strategy of Brenntag.
January 2011 the majority owner BC Partners placed further shares of Brenntag AG with institutional investors and increased the freefloat with this transaction to 64 per cent. Also after this transaction, funds managed by BC Partners remain Brenntag’s largest shareholder indirectly and will support the company in pursuing its profitable, continuous growth path.
The company is led by an experienced board of management combining over 90 years of expertise in the chemical distribution sector. CEO Steven Holland together with CFO Jürgen Buchsteiner, and William Fidler form a management team that is highly experienced in chemical distribution, characterized by strong commitments to profitable growth and safety, with strong track records and project management skills.