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Brenntag Buys Asian Distributor

2:11 PM MDT | July 6, 2010 | Vincent Valk

Brenntag has purchased EAC Industrial Ingredients for 160 million euros ($202 million), a distributor active in south and southeast Asia, the company says. EAC Industrial Ingredients (EAC; Bangkok) is a subsidiary of The East Asiatic Company (Copenhagen). The business has 800 employees in 27 locations in nine countries, and is expected to record 220 million euros ($278 million) in sales this year. EAC has locations in Thailand, Vietnam, Indonesia, the Philippines, Malaysia, Singapore, Cambodia, India and Bangladesh, Brenntag says. "The acquisition of EAC...

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