August 1 2024, David R Brown
Brenntag Essentials expands UK footprint and value-added services with the acquisition of acquires Monarch Chemicals
Brenntag, the global market leader in chemicals and ingredients distribution, have announced the acquisition of Monarch Group Holdings Ltd. and its operating subsidiary Monarch Chemicals Ltd., expanding Brenntag Essential's infrastructure and service capabilities in the United Kingdom.
Brenntag gains expertise, infrastructure, as well as expanded liquid and powder blending capabilities with this transaction
Russel Argo
Regional President Brenntag Essentials EMEA
Russel Argo, Regional President Brenntag Essentials EMEA stated: “The team at Monarch have built a great product and service offering for their broad customer and supply partner base, and we look forward to growing and expanding that offering together. Brenntag gains expertise, infrastructure, as well as expanded liquid and powder blending capabilities with this transaction. With our acquisition strategy, we expand our last mile service operations to bring a broader portfolio of products and value-added services to customers, supported by our regional supply chain services within our global network. With this extended offering, all our customers in the UK can benefit going forward.”
Established in 1989, Monarch offers professional and reliable distribution services for essential chemicals and blends throughout the UK, supplying a wide range of industry sectors and product groups, such as Inorganic Chemicals, Citrates and Glycols. The company operates several sites and blending facilities in the UK. In 2023, the Group reported annual sales of GBP 35.1 million.
“We take great pride in the level of service and support we can offer our supply partners and customers,” commented Jon Hill, Managing Director of Monarch. “Our independence made us flexible, but joining Brenntag, a truly global distributor, will give us the scale and network we can use to grow our business and better serve our customers with a wider range of products and services.”
Financial details of the deal weren't disclosed and the signing and closing of the transaction occurred 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 17,700 employees worldwide and operates a network of about 600 sites in 72 countries. In 2023, Brenntag generated sales of around EUR 16.8 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.
Source(s): Brenntag Press Release
Further Information
Visit: https://www.brenntag.com