Brenntag to acquire Whanee Corporation in South Korea
Global full range chemicals distributor Brenntag AG (Mülheim an der Ruhr, Germany), has announced the acquisition of Whanee Corporation (Gwacheon (Seoul), South Korea). The Company, a Distributor of specialty chemicals, mainly serves the domestic South Korean market with a range of Food and Beverage ingredients.
The acquired business generated sales of EUR 16.8 mn in FY2015. No further Details were disclosed on theransactions, which Brenntag says will close “in the course of the next weeks”.
Brenntag press release
HGE / DCG – 02.05.2016