![]() ![]() The cookie is used to store the user consent for the cookies in the category "Analytics". This cookie is set by GDPR Cookie Consent plugin. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Long-standing experience and local excellence in the individual countries characterize the global market leader for chemical distribution. 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. With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to around 185,000 customers. The company supports its customers and suppliers with tailor-made distribution solutions for industrial and specialty chemicals. Brenntag connects chemical manufacturers and chemical users. In 2017, the company generated sales of EUR 11.7 billion (USD 13.3 billion). ![]() Headquartered in Essen, Germany, the company operates a global network with more than 530 locations in 73 countries and a workforce of more than 16,000 employees. ![]() Closing of the transaction is subject to certain contractual closing conditions and is expected to occur in the course of the first quarter of 2019.Ībout Brenntag: Brenntag, the global market leader in chemical distribution, covers all major markets with its extensive product and service portfolio. Reeder Distributors’ lubricants division generates annual sales of approximately 60 million USD. The acquisition of Reeder Distributors’ lubricants division is a bolt-on to our lubricants business platform and results in a geographical expansion in an adjacent market.”Īnthony Gerace, Brenntag Group’s Managing Director Mergers & Acquisitions: “Reeder Distributors’ lubricants division is a natural addition to our existing lubricants business because of its relationships with major lubricant suppliers and the acquisition will enable Brenntag to expand and strengthen our footprint in the regional market place.” Markus Klaehn, Member of the Management Board of Brenntag Group and CEO Brenntag North America: “Brenntag North America intends to be an active market consolidator in selected regions in the lubricant distribution market. The company services automotive customers as well as all types of industrial and commercial customers mainly throughout the Dallas-Fort Worth market place. Reeder Distributors’ fuel and equipment divisions are not part of the acquisition. that is a regional, integrated lubricant distributor headquartered in Fort Worth, Texas, USA. Brenntag, the global market leader in chemical distribution, has signed an agreement to acquire the lubricants division of Reeder Distributors, Inc. ![]()
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