People & Business :: Companies
Brenntag Buys U.S. Distribution Business
10:14 AM MDT | August 2, 2010 | Nancy Seewald
Brenntag says it has agreed to acquire Houghton Chemical’s (Allston, MA) industrial chemicals and solvents distribution business for $7.1 million. The acquired business serves the adhesives, coatings, elastomers, and sealants industries, as well as the personal care and pharmaceutical end markets. It has annual sales of about $30 million. The deal is in line with Brenntag’s strategy to increase its market share in North America, particularly in New England. “Brenntag and Houghton Chemical share a history of growth, strong supplier relationships...
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