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  3. Brenntag expands market coverage in Latin America through acquisition of specialty solvents distributor

Detalle de la Noticias

2014/04/01

Brenntag expands market coverage in Latin America through acquisition of specialty solvents distributor

Brenntag, the global market leader in chemical distribution, acquires Gafor Distribuidora Ltd, a distributor of specialty solvents in Latin America which is part of Grupo Gafor headquartered in Sao Paulo, Brazil. The largest industries being served by Gafor are coatings, adhesives, personal care and chemical manufacturing. Gafor operates modern storage and distribution facilities and has established market leadership positions in many areas of its product and industry portfolio.

Steven Holland, CEO Brenntag Group: “Gafor is very well positioned to supply local markets with well recognized high quality products from major chemical manufacturers. By acquiring Gafor we expand our market presence in Brazil as the most important chemical distribution market in Latin America and we add critical mass to our existing operation in the country.”

For the financial year 2013, Gafor generated total sales of approximately USD 70 m. Closing of the transaction is expected in the course of the next weeks.

About Brenntag

Brenntag, the global market leader in chemical distribution, covers all major markets with its extensive product and service portfolio. Headquartered in Mülheim an der Ruhr, Germany, the company operates a global network with more than 480 locations in more than 70 countries. In 2013, the company, which has a global workforce of more than 13,000, generated sales of EUR 9.8 billion (USD 13.0 billion). Brenntag is the link between chemical manufacturers and chemical users. The company supports its customers and suppliers with tailor-made distribution solutions for industrial and specialty chemicals. With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to around 170,000 customers. This includes specific application technology, an extensive technical support and value-added services such as just-in-time delivery, product mixing, formulation, repackaging, inventory management and drum return handling. Long-standing experience and local excellence in the individual countries characterize the global market leader for chemical distribution.

Press contact:
Hubertus Spethmann
Brenntag AG
Corporate Communications
Stinnes-Platz 1
45472 Mülheim an der Ruhr
Germany
Telephone: +49 (208) 7828-7701
Fax: +49 (208) 7828-7220
E-Mail: hubertus.spethmann@brenntag.de

Financial media:
Thomas Langer
Brenntag AG
Corporate Finance & Investor Relations
Stinnes-Platz 1
45472 Mülheim an der Ruhr
Germany
Telephone: +49 (208) 7828-7653
Fax: +49 (208) 7828-7755
E-Mail: thomas.langer@brenntag.de

Investor contact:
Thomas Langer, Diana Alester, René Weinberg
Brenntag AG
Corporate Finance & Investor Relations
Stinnes-Platz 1
45472 Mülheim an der Ruhr
Germany
Telephone: +49 (208) 7828-7653
Fax: +49 (208) 7828-7755
E-Mail: IR@Brenntag.de

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Contactos


	René Weinberg

René Weinberg Brenntag AG +49 201 6496 1805


	Diana Alester

Diana Alester Brenntag AG +49 201 6496 1141


	Thomas  Langer

Thomas Langer Brenntag AG +49 201 6496 1496


	Hubertus Spethmann

Hubertus Spethmann Brenntag AG +49 201 6496 0

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