Sector News

Brenntag to acquire specialty chemicals distributor in South Africa

February 25, 2015
Chemical Value Chain
Brenntag says that it has agreed to acquire Lionheart Chemical Enterprises (Johannesburg), a specialty chemicals distributor in the South African market operating mainly in the food and beverage sector. Financial details of the deal were not disclosed. The acquired business is expected to have generated total sales of about €12.0 million ($13.5 million) in 2014, Brenntag says. The closing of the transaction is expected in the course of the next weeks. “The acquisition strengthens Brenntag’s position in the South African chemical distribution…
 
> Read the full article on the Chemical Week website
 
By Deepti Ramesh
 

comments closed

Related News

December 3, 2022

Corteva to acquire Stoller Group for $1.2 billion

Chemical Value Chain

Corteva (Indianapolis, Indiana) says it has signed a definitive agreement to acquire Stoller Group (Houston, Texas), a producer of biostimulants and plant nutrition products, for $1.2 billion. Stoller is one of the largest independent biologicals companies globally, with operations in more than 60 countries and more than $400 million in annual sales.

December 3, 2022

OMV introduces new corporate structure to drive sustainable growth and innovation

Chemical Value Chain

OMV has announced its new corporate structure today, designed to fully enable the delivery of Strategy 2030. The new organization will be built on five distinct areas. In addition to the CEO and CFO areas, three business segments will be established: Chemicals & Materials, Fuels & Feedstock, and Energy.

December 3, 2022

What does the current downturn in industrial manufacturing mean for executives searching for a senior role in the chemicals industry?

Chemical Value Chain

The European petchem sector is readying for some tough quarters. It’s a different picture in the US. So is this the best time ever to find a new role in the chemical industry? If you are in Europe, you would expect me to say probably not. But actually, it depends. So let me give you four answers to this question.