Brenntag expands Coverage of Specialty Chemicals with Acquisition in Belgium
Global chemical distributor Brenntag AG (Essen, Germany) announced yesterday that the company has completed the acquisition of all shares of specialty chemicals distributor Alphamin S.A. (Wavre, Belgium) including its U.S. subsidiary Alphamin Inc., a company focused on Specialty Polymers and Waxes and serving customers across a wide range of industries and on all continents.
Besides its head office and an application center (i.e. laboratory) location in Wavre, Belgium, Alphamin also has an office in Englewood Cliffs, New Jersey – United States. The company was since 2014 owned by KeBeK Private Equity, a Belgian “lower-mid-market buy-out fund) and management.
In FY 2017/18, ended 30. June 2018, sales were ca. EUR 44.6 mn. No further financial details were disclosed on the transaction.
Source: Brenntag press release
HGE – DCG / 17.08.2018