Tag Archives | Brenntag

Brenntag pulls out of acquiring Cheman from Poland’s Ciech

The somewhat farcical Poland chemicals privatization really is limping along and looks set to grind to a halt altogether. The latest bad news is that German distributor Brenntag has opted not to pursue its interest in acquiring the chemical distributor subsidiary Cheman from Polish chemical group Ciech.Brenntag’s due diligence must have thrown up some horrors […]

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Brenntag highlights antitrust fines in IPO prospectus

In its recently published IPO prospectus, German chemical group Brenntag raises the prospect of  ”substantial fines” and the forced divestment of assets at below market prices if it is found to be in violation of antitrust rules. The group has been embroiled in investigations in France and Germany for a couple of years and the outcome of […]

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Brenntag to seek Asia acquisitions post-IPO

Following several press reports that German chemical distributor, Brenntag, will seek to launch its IPO by Easter, the next big question is: “What next for Brenntag?” The IPO, if successful, will give Brenntag a much-needed injection of capital and scope to grow organically and through acquisitions. The company is already strong in the US and Europe, and would most likely […]

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Competition concerns for Univar’s acquisition of Quaron

The news that global chemical distributor, Univar, is to purchase Dutch-owned Quaron could raise some eyebrows amongst competition authorities in France, according to Marc Fermont of consultancy Districonsult. He says the merger would leave only two major chemical distributors in France, both with revenues above E500m. As he says, “the French market for industrial chemicals could be moving from […]

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Brenntag IPO draws near?

Here at ICIS we’ve been tracking progress towards an initial public offering for several months. I suspect this may be getting closer, or if not an IPO then some sort of M&A (merger and acquisition) activity. This is because the company has become exceptionally and unusually quiet in recent weeks. Brenntag is usually extremely keen to get […]

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Brenntag ipo could stir up chemical distribution merger activity

BC Partners’ impending initial public offering of German chemical distribution group, Brenntag, could excite further merger and acquisition (m&a) activity across this sector. Azelis, IMCD and Univar could all be sold or IPO’d by their private equity owners if the Brenntag deal is successful.But this is a big “if”. Owners BC Partners have a big […]

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Brentagg CEE marketing video

Just found this very professional Brentagg Central and Eastern Europe(CEE) video. This company must have a very decent marketing budget!

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What does Brenntag reorganisation in Germany mean?

German distributor Brenntag said this week it is establishing a new sales region in Southern Germany located in Nuremberg, Bavaria, effective July 1, 2009.“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 […]

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Brenntag responds to German cartel investigation

Today I spoke to Steve Holland, Brenntag Europe‘s CEO. He assured me the investigation (see earlier entry) is routine. He said the jv had been approved by competition authorities which now want to check that it meets the latest regulations. “When this jv was formed over 10 years ago it went to the German authorities […]

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Brenntag probe: what will the impact be on its other regions?

I recently interviewed Clare Waters, managing director of Brenntag UK and wrote up an article on the group’s growth aspirations. Yesterday’s report makes me wonder what the impact of this investigation will be on the wider Brenntag group in CEE and elsewhere.Here is the report in full: German Bundeskartellamt expands antitrust investigations According to reliable […]

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