Industry News

Brenntag Acquires Industrial Chemicals Distributor in Switzerland

Published on 2005-07-13. Author : SpecialChem

Brenntag, the world leader in the growth market for chemicals distribution, has taken over the operations of Swiss distributor Chem-On AG with retroactive effect to July 1, 2005. From its base in Zurzach, Brenntag now distributes industrial chemicals in Switzerland via the newly founded Chem-On Vertriebs-AG with the focus on inorganic chemicals. This move extends Brenntag's product portfolio in Switzerland - which was previously more or less confined to the specialty chemicals of Christ Chemie AG.

Heinz Eichmann, Managing Director at Christ Chemie AG and responsible for the new activities, explains: "The acquisition of Chem-On strengthens our position in a profitable European market. The extended product portfolio is an important step on the road to becoming a "one-stop shop" and will generate further growth opportunities in the future."

In 2004, Chem-On AG posted sales of around 17 million Swiss francs.

Brenntag is the world market leader in chemicals distribution and recorded sales of 4.6 billion euros in 2004 through the efforts of the company's 8,800 employees at around 300 locations around the globe. Brenntag is committed to provide value to its customers and suppliers through superior supply chain logistics, single sourcing and value-added services, underlying the company's strong position in world markets. Brenntag capitalizes on leading regional market positions and world-wide know-how. The company offers an unrivalled extensive and state-of-the-art distribution network for industrial and specialty chemicals to its suppliers both in Europe and the Americas .

Source: Brenntag

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