Brenntag to acquire Solventis Group

B renntag, a chemicals and ingredients distributor, will acquire Solventis Group, a glycols and solvents distribution company from Antwerp, Belgium, and the UK.

Solventis Group provides tailored solutions to a diverse global customer base. Alongside a site in Scunthorpe, UK, the company operates a facility in the port of Antwerp, Belgium, a major European chemicals hub, engaging in advanced blending, storage, packing, distribution, and chemical recycling.

Ewout van Jarwaarde, Chief Executive Officer of Brenntag Essentials, said: “Brenntag Essentials combines a cost-efficient network of last mile service operations with regional and global sourcing as well as supply chain services.

Solventis Group is a highly compatible fit to our strategy, adding tollgate capabilities and volume optionality via their Antwerp state-of-the-art site to our regional capacities while opening interregional optimization potential. The acquisition will support our integration with increasingly global supply markets while strengthening our regional market position and customer proximity in Europe, the Middle East and Africa (EMEA).”

SOURCE | BRENNTAG

The acquisition, especially with its strategically positioned Antwerp site, also improves Brenntag Essentials’ sustainability profile with increased sourcing via ships and barges and expanded supply and delivery options through rail transport. In addition, Solventis’ proficiency in glycol recovery and recycling further enhances Brenntag’s sustainability profile.

David Lubbock, Owner and Chief Executive Officer of the Solventis Group, states: “Our global network of suppliers and customers stands to gain significant advantages from Brenntag’s extensive global reach and diverse product and service portfolio. We eagerly look forward to becoming part of the expanding Brenntag Essentials platform, offering our extensive product range encompassing glycols, solvents, and automotive products, including coolants, antifreeze, brake fluids and de-icing fluids, to a broader customer base worldwide.” .