"As a strategic step Brenntag GmbH, part of Brenntag Group, has terminated the Joint Venture Staub & Co. Chemiehandelsgesellschaft mbH. In addition Brenntag GmbH will take over the activities of Biesterfeld Chemiedistribution GmbH in Nuremberg."
Uwe Schültke, Managing Director Brenntag GmbH said: "This strategic step enables us to provide our business partners with considerable advantages....."."
Could this have any relevance to the recent news of a probe into Brenntag's German activities by the cartel authorities (see previous entries)? The distribution market in Germany is clearly a complicated business. No wonder the authorities are seeking to understand it better.