August 23 2022, David R Brown
Brenntag acquires Prime Surfactants Limited, a leading UK distribution specialist for the Personal Care market
Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, has acquired 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.
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
Henri Nejade
Member of the Management Board of Brenntag Group and COO Brenntag Specialties
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.
About Brenntag
Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a central role in connecting customers and suppliers of the chemical industry. Headquartered in Essen, Germany, Brenntag has more than 17,000 employees worldwide and operates a network of about 700 sites in 78
countries. In 2021, Brenntag generated sales of around EUR 14.4 billion. The two global divisions, Brenntag Essentials and Brenntag Specialties, provide a full-line portfolio of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions for a wide range of industries. In the field of sustainability, Brenntag pursues specific goals and is committed to sustainable solutions in its own sector and the industries served.
Source(s): Brenntag Press Release
Further Information
Visit: https://www.brenntag.com