Brenntag to Acquire Service Provider in Portugal

Brenntag has signed an agreement to acquire Quimitecnica.com – Comercio e Industria Quimica SA, Portugal (Quimitecnica). As a service provider, Quimitecnica has a strong focus on offering a wide range of chemical products, blends, logistics and storage services to various industrial business segments in Portugal, the North of Spain and several African countries.

“The acquisition of Quimitecnica is an excellent strategic fit to Brenntag’s existing distribution activities in Iberia as we gain access to key customer industries in Portugal and in the area of North of Spain. We thus expand our value-added service offerings to our regional customers and suppliers,” said Karsten Beckmann, member of the board of management of Brenntag Group and CEO Brenntag Europe, Middle East and Africa (EMEA).

“With a wide product range targeting various industry segments and six strategically located sites offering customized logistics services and inventory management, Quimitecnica serves as an excellent platform to expand and diversify our distribution activities in Portugal and Spain,” added Anthony Gerace, Brenntag Group’s managing director mergers & acquisitions.