Brenntag Buys Spanish Industrial Chemicals Distributor
Germany's Brenntag has acquired Quimicas Meroño, a distributor of industrial chemicals based near Cartagena, Spain, with effect from May 13.
The Spanish distributor with 2014 sales of €12.7 million has a strong focus on logistics, blends and storage services for industrial customers.
Karsten Beckmann, CEO Brenntag Europe, Middle East and Africa, said the acquisition "perfectly complements Brenntag's regional distribution network in western Spain."
"With Quimicas Meroño," Beckmann added, "Brenntag will gain access to various key European accounts and additional growth opportunities, especially in key industry sectors such as Food and Oil & Gas."