July 31 2019

Brenntag acquires Neuto Chemical Corp. in Taiwan

Brenntag expands Industry Coverage in Asia-Pacific Region

Global chemical distributor Brenntag AG (Essen, Germany) announced  that it will acquire Neuto Chemical Corp, (Taipeh, Taiwan) for an undisclosed sum. The company is a distributor of specialty and industrial chemicals, focusssed on industries such as Electronics, Coatings, Textile and Metal Working.

Brenntag said that Neuto is complementary to Brenntag Taiwan’s current business focus of Health and Nutrition. For 2018, the business reported total sales of approx. EUR 26.2 mn.

No financial details were disclosed on the transaction, which is subject to certain contractual closing conditions and regulatory approvals.  Closing is expected to take place in the first haf of 2020, Brenntag said.

Source: Brenntag press release

HGE – DCG / 31.07.2019

More ...

Mastering the art
of distribution


Further publications

Receive latest publications & update

    By subscribing you agree to receive our promotional marketing materials and agree with our Privacy Policy. You may unsubscribe at any time.

    Please let us contact you:

    I consent to having DistriConsult store my submitted information so they can respond to my inquiry.