Brenntag bought the headquarters of Tan International Limited in Perth, Scotland. The company is a specialty and industrial chemicals and ingredients manufacturer and blender with a wide product and service portfolio for a variety of industries including food and beverage, pharmaceutical, agricultural, and oil.
Karsten Beckmann, Member of the Brenntag Group’s Management Board and CEO Brenntag Europe, Middle East and Africa: “With the acquisition of Tan International, we are complementing our established activities and offerings in the region, thereby strengthening our position in the country. The strong relationships between the company and broad main accounts as well as its diverse portfolio help our desire to further grow into target sectors such as Food & Nutrition, Agriculture and Oil & Gas. ”
Anthony Gerace, Managing Director of Mergers & Acquisitions at Brenntag Group: “With the acquisition, Brenntag is able to develop the current structure of the company, diversified supplier base, mixing capabilities and strong technical resources to support our growth in the region and provide access to the broad Brenntag product portfolio to its customers. The site’s excellent location in Perth will also allow Brenntag to expand our geographic coverage and provide enhanced service capabilities across the country. “The acquired company is expected to generate revenue of around GBP 21 million in the 2019 fiscal year.