Brenntag buys Houston-based Altivia water chems distributor

02 January 2013 10:27  [Source: ICIS news]

LONDON (ICIS)--Brenntag has acquired Houston-headquartered water treatment chemicals distributor Altivia Corporation in a deal which closed on 31 December, it said on Wednesday.

Germany-headquartered Brenntag did not give financial details of the acquisition but said it did not include Altivia Chemicals LLC which has iron and aluminium polymer coagulant production facilities in Pasadena, Texas.

Brenntag said that Altivia strengthens its regional southwest US distribution organisation and global water additives business. The acquired business is expected to have generated sales of $83m (€63m) in 2012. Brenntag’s sales in 2011 were €8.7bn.

($1 = €0.76)


By: Nigel Davis
+44 20 8652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index