Brenntag acquire CCC’s chemical distribution business

Brenntag to acquire CCC’s chemical distribution business

5:36 AM, 5th July 2018
Brenntag headquarters in Belgium. (File photo)
Brenntag headquarters in Belgium.

MULHEIM, GERMANY: Brenntag AG has signed an agreement with Canada Colors and Chemicals Ltd to acquire the company’s chemicals distribution business (CCC).

Headquartered in Toronto, CCC offers a full-line portfolio with operations in the main industrial areas across all of Canada. CCC serves a highly diversified customer base in industries such as life sciences, water treatment, coatings, construction, energy and mining.

CCC maintains well-invested, scalable and flexible facilities across Canada to store, blend and package industrial and specialty chemicals and products. Its Life Science offer includes a state-of-the-art ingredients application lab, several own formulations and a highly qualified technical staff. CCC’s blending capabilities and formulation expertise in the oil & gas business opens interesting synergetic business opportunities with Brenntag Canada’s Oil & Gas operations. In addition, the company’s own truck fleet will extend Brenntag’s value-added service offering.

“With the acquisition of CCC, Brenntag strengthens its focus and specialties capabilities in both Life Science and Material Science. CCC’s broad positioning and extensive product and service portfolio perfectly complement Brenntag’s offer to our customers and suppliers,” said Steven Holland, CEO of Brenntag Group.

“This strategic acquisition will solidify our position as partner of choice for our suppliers and customers in Canada and will sustainably support our collective growth ambitions in this industry,” added Markus Klahn, member of the management board of Brenntag Group and CEO Brenntag North America.

“The sale of our chemicals distribution business to Brenntag is an exciting opportunity for our employees and stakeholders to join forces with one of the world’s leading international chemical distribution companies. The combination of Brenntag’s global reach and our technical capabilities provide a compelling platform for our customers and suppliers,” added Guy Carr-Harris, Chairman and CEO of Canada Colors and Chemicals Ltd.

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