Brenntag signs agreement to extend distribution network in Colombia
Brenntag, the global market leader in chemical distribution, has entered into an agreement to acquire Conquimica S.A.. The chemical distribution company is headquartered in Medellin, Colombia, and is mainly active in providing industrial and specialty chemicals to the Coatings, Food and Cleaning industries. Conquimica operates four warehouses in the main economic areas of the country.
CEO Brenntag Latin America, Germán Torres said: “Conquimica is an attractive investment to extend our geographic coverage and distribution network in Colombia. The company’s broad product portfolio and well-developed infrastructure complements Brenntag’s offerings to customers in important focus industries.”
Brenntag Group’s Managing Director Mergers & Acquisitions, Anthony Gerace said: “Conquimica is a strategic fit strengthening Brenntag’s footprint in Colombia. Combining Conquimica’s product portfolio with Brenntag’s existing market reach and expertise will greatly benefit our customers across the Colombian market.”
For more information visit www.brenntag.com
15th Jan 2018