News

Brenntag Acquires Solventis Group

22.12.2023 - Brenntag announces the agreement to acquire the Solventis Group. Solventis Group is a distribution company for glycols and solvents based in Antwerp, Belgium, and in the UK.

Ewout van Jarwaarde, Chief Executive Officer Brenntag Essentials, commented, “Brenntag Essentials combines a cost-efficient network of last mile service operations with regional sourcing and supply chain services, and global sourcing. Solventis Group is a highly compatible fit to our strategy, adding tollgate capabilities and volume optionality via their Antwerp state-of-the-art site to our regional capacities, while opening interregional optimization potential. The acquisition will support our integration with increasingly global supply markets while strengthening our regional market position and customer proximity in EMEA.”

The UK-based family business, Solventis Group, established in 2002 and comprising units such as Solventis and Kilfrost Europe, achieved an annual turnover exceeding €300 million in 2022. Specializing in glycols and solvents distribution, the group offers tailored solutions globally. With facilities in Scunthorpe, UK, and Antwerp, Belgium, a key European chemical hub, the acquisition enhances Brenntag Essentials' sustainability by leveraging strategic locations for shipping and barges, expanding rail transport options, and benefiting from Solventis' expertise in glycol recovery and recycling.

David Lubbock, Owner and Chief Executive Officer of the Solventis Group, said, “Our global network of suppliers and customers stands to gain significant advantages from Brenntag’s extensive global reach and diverse product and service portfolio. We eagerly look forward to becoming part of the expanding Brenntag Essentials platform, offering our extensive product range encompassing glycols, solvents, and automotive products, including coolants, antifreeze, brake fluids and de-icing fluids, to a broader customer base worldwide.”

Contact

Brenntag SE

Messeallee 11
45131 Essen
Netherlands

+49 201 6496 0