- Rental Service Specialty LLC is a specialty rental equipment supplier to the Oil & Gas midstream and downstream markets based in Broussard, Louisiana
- The company will strengthen the portfolio as well as increase the market presence of Brenntag Essentials in the important energy sector of North America
Brenntag, the global market leader in chemicals and ingredients distribution, today announced the acquisition of Rental Service Specialty LLC (RSS), a rental equipment supplier based in Broussard, Louisiana, USA. The company focuses on providing specialty equipment for pipeline integrity and maintenance services in the region and will expand and strengthen Brenntag’s growing N-SPEC pipeline services division.
“Integrating the Rental Service Specialty Team into our N-SPEC Pipeline Services operations will allow us to grow and expand our pipeline services and maintenance offering to more and larger customers,” commented Blake Willis, President of Coastal Chemical, a Brenntag Group Company. “After many years of close business relationships, I want to welcome the RSS team to the Brenntag family and look forward to developing our business together.”
N-SPEC, a business unit within Brenntag’s Coastal Chemical, is a pipeline service provider, committed to safely providing sustainable solutions for pipeline cleaning and integrity maintenance. The acquisition of RSS strengthens the regional market footprint through further service calibration and expansion, as well as expanding operations to include circular economy aspects, such as extending the lifecycle of customers’ equipment through the services provided. RSS also has industry specific documentation as well as best in class quality control programs for using high-pressure temporary piping and equipment, the benchmark requirement for work on liquid and natural gas pipelines especially in the growing liquified natural gas market (LNG). The company reported an annual revenue of ~10 million USD in 2023.
“RSS has built extensive equipment and expertise for servicing liquid and natural gas pipelines over the years. Joining Brenntag Group provides us the resources and reach to offer our equipment, expertise and services to a broader range of customers,” added Todd Naquin, Co-Owner of Rental Service Specialty. “It is a wonderful opportunity to take our long-standing business relationship to the next level. “
Financial details of the deal are not being disclosed. Signing and closing of the transaction occurred simultaneously.