Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, today announces the acquisition of Prime Surfactants Limited. The company is a leading distributor of surfactants specialties for the Personal Care and HI&I industries and other industry segments in the UK.
Henri Nejade, Member of the Management Board of Brenntag Group and COO Brenntag Specialties: “I look forward to welcoming our new colleagues from Prime Surfactants to the Brenntag family. The company has developed a leading position for surfactants in the Personal Care market in the UK and is a great addition to our Personal Care and HI&I business unit of Brenntag Specialties. This acquisition enhances our product and service offering to customers in the UK and underlines our ambition to further strengthen the specialties business of our focus industries.”
Founded in 2011, Prime Surfactants is headquartered in Leeds, UK, and is a well-established company. It provides an excellent portfolio of specialty surfactants for customers in the UK, with dedicated offerings for a wide variety of markets. These also include a range of sustainable products that are characterized, for example, by RSPO certification or nature-based solutions, which contributes well to the Brenntag ESG Portfolio Steering Strategy.
Anthony Gerace, Senior Vice President M&A for Brenntag Group, highlights: “Prime Surfactants is dedicated to quality and technical support, has a strong brand recognition and deep-rooted supplier and customer relationships. We are excited about the fit within Brenntag Specialties and look forward to jointly leveraging these impressive capabilities.”
The acquired business estimates sales of approximately GBP 22 million in the financial year 2022. Signing and closing of the transaction took place simultaneously.