The chemical distributor Brenntag has signed a preliminary agreement to acquire Delanta Group, a specialty chemical distributor in Latin America with presence in Argentina, Uruguay and Chile.

Delanta Group is active in the distribution of specialty chemicals, e.g. paints & coatings, ceramics, construction and food chemicals.

For the financial year 2011 the Delanta Group generated total sales of $24.3 million. The closing of the transaction is expected in the course of November 2012.