15 October 2012 09:57 [Source: ICIS news]
SINGAPORE (ICIS)--German chemicals distributor Brenntag said on Monday it has signed a preliminary agreement to acquire Delanta Group for an undisclosed fee.
The deal is expected to be completed in November this year, Brenntag said in a statement.
Delanta Group is a specialty chemical distributor in Latin America, with presence in ?xml:namespace>
The acquisition will improve Brenntag’s access to the construction industry in the region and boost its market coverage in
Delanta Group generated overall sales of $24.3m (€18.7m) in 2011, according to Brenntag.
($1 = €0.77)
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