Brenntag (WKN A1DAHH), the global market leader in chemical distribution, has acquired Marlin Company, Inc., located in Lenoir, North Carolina, USA. The company provides custom chemical blending and packaging services for liquid and powder products to a large portfolio of customers in the chemical industry in the Mid-South region. The acquisition of Marlin Company, Inc. further strengthens the value-added service strategy as well as mixing and blending business of Brenntag North America.
Markus Klähn, Member of the Management Board of Brenntag Group and CEO Brenntag North America: “Marlin’s unique powder and liquid blending services for many different industries and their professional packaging and labeling system are an excellent addition to Brenntag’s value-added services business. With Marlin we are perfectly positioned to expand our offerings to the surfactant HI&I blending industry in the Mid-South region.”
Anthony Gerace, Brenntag Group’s Managing Director for Mergers & Acquisitions: “With Marlin we will now be in a position to extend the level of service we provide to our existing customers in the area of specialty equipment and custom blending and packaging. Specifically, Marlin’s emulsion and dispersion blending capabilities create additional value for our partners and expand Brenntag’s commitment in this important field.”
Marty G. Waters, owner of Marlin Company, Inc.: “This partnership is a significant milestone for my company and for our proud history. We are all looking forward to this exciting new chapter.”
The acquired business generated sales of 7 million USD in the financial year 2018.