Global Distributor strengthens Presence in Eastern Canada
Global chemical distributor Brenntag AG (Essen, Germany) announced that the group has signed an agreement to acquire Alpha Chemical Ltd. (Dartmouth, Nova Scotia – Canada), a full-line chemical distributor with a focus on Oil & Gas, Mining, Water Treatment and Aquaculture.
According to the announcement, the acquired business generates annual sales of approx. USD 12 mn (approx. EUR 10.5 mn). Closing of the transaction is expected to be completed in early January 2021, subject to customary closing conditions. No further financial details were disclosed on the transaction.
Source: Brenntag press release
HGE – DCG / 29.12.2020