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Brenntag acquires specialty solvents distributor in Brazil

1:56 AM MDT | April 1, 2014 | Deepti Ramesh

Brenntag says it will acquire Gafor Distribuidora, a distributor of specialty solvents in Latin America. Gafor Distribuidora is part of Grupo Gafor (São Paulo). Financial terms of the deal have not been disclosed. Gafor Distribuidora generated sales of about $70 million in 2013, Brenntag says. Closing of the acquisition is expected in the course of the next weeks, Brenntag says. The largest industries being served by Gafor Distribuidora are coatings, adhesives, personal care and chemical manufacturing. Gafor Distribuidora operates modern storage and...

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