AK&M 13 November 2026 18:33
German chemical distributor Brenntag SE has unveiled a new strategy aimed at asset restructuring. This is reported in a press release from Brenntag.
"Strategy to Win" provides for combining the Specialties and Essentials divisions into a single platform to enhance segment differentiation, deepen digitalization and achieve sustainable development based on a single platform with a budget of 1.5 billion euros for the acquisition of new assets in the medium term.
The new structure is based on a unified distribution network with segments in the field of biomedical sciences and materials science, as well as in the field of water treatment and the oil and gas industry, taking into account procurement optimization, logistics network planning and corporate cost reduction.
From the point of view of the company's management, the separation, implemented in 2020 as part of the first phase of the Project Brenntag program, turned out to be an expensive process that complicated the work without positive results. Currently, Brenntag Essentials supplies basic industrial chemicals, while Brenntag Specialties supplies specialized ingredients for the pharmaceutical and food industries.
Brenntag is the world's largest distributor of chemicals and ingredients. The corporation operates 600 logistics and manufacturing enterprises in 70 countries and supplies products from 10 thousand items to 180 thousand customers in the USA, Germany, Great Britain, Italy, Canada, China, Poland, France. The headquarters is located in Essen (Germany).
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German chemical distributor Brenntag to allocate 1.5 billion euros for M&A deals
