Brenntag Acquires East-Chem Inc.
With this step, Brenntag has expanded its presence in the industrial chemicals business in Newfoundland and Labrador, Canada, servicing markets including Food & Beverage, Mining, Oil & Gas and Water Treatment.
19 Oct 2009 --- Effective October 1, 2009, Brenntag, the global leader in chemical distribution, has acquired 100% of the outstanding shares of its former joint venture partner East-Chem Inc. With this step, Brenntag has expanded its presence in the industrial chemicals business in Newfoundland and Labrador, Canada, servicing markets including Food & Beverage, Mining, Oil & Gas and Water Treatment.
Michael Staley, President of Brenntag Canada states: “This acquisition provides us with the opportunity to fulfill a long-standing need to have a Brenntag facility in Newfoundland, to better serve our industrial chemical customers, as well as the offshore oil and gas industry. Our expanded presence in the Atlantic Provinces complements our commodity and specialty industries position across the country.”
Brenntag Canada Inc. is a member of the Brenntag North America family of companies.
Brenntag, the global leader in chemical distribution, recorded global 2008 sales of EUR 7.4 billion (USD 10.8 billion). Today the company operates in excess of 300 locations with more than 11,000 people in 64 countries.
