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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Brenntag Acquires U.K.-Based Specialties Distributor
10:03 AM MDT | September 9, 2011 | â€”ian young
Brenntag has acquired Multisol Group Ltd. (Nantwich, U.K.), the holding company of Multisol Group, a distributor of specialty chemicals, from Multisolâ€™s management and other shareholders. Terms were not disclosed but â€śthe final purchase price will vary depending on the level of working capital as per the completion accounts,â€ť Brenntag says. The deal is expected to close this November, subject to relevant approvals. Multisol specializes in the distribution of lubricant additives, base oils, and specialty solvents in Europe and Africa. The company also...
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