Brenntag acquires Parkoteks Kimya in Turkey

Global chemical distributor Brenntag AG (Mülheim an der Ruhr, Germany) has signed an agreement to acquire Parkoteks Kimya San. ve Tic. A.Ş. (Istanbul, Turkey). The company, which was established in 1989,  offers a range of specialty chemicals products, mostly for the Personal Care industry. It  had a turnover in FY 2014 of EUR 14.3 mn.

Clossing is expected for the coming weeks, Brenntag said in a statement. No financial details were disclosed on the transaction.

Source: Brenntag press release

HGE – DCG / 16.09.2015