Chemical distributor Brenntag  signed a purchase agreement to acquire the entire business of the ISM/Salkat Group. ISM/Salkat Group is a distributor of specialty chemicals in Australia and New Zealand.

Brenntag will start integrating its existing organization with the ISM/Salkat Group shortly after closing. The ISM/Salkat Group expects sales of AU$117 million for the year 2012. The closing of the transaction is expected in the course of July 2012.