Brenntag completed the acquisition of Neuto Chemical for $30m.

Brenntag, a chemical distribution, completed the acquisition of Neuto Chemical, Taiwanese specialty and industrial chemicals distributor, for $30m. “There is great potential to generate synergies in the coming years via the leveraging of Brenntag’s suppliers with the Neuto’s more than 850 customers and cross selling from Neuto’s product portfolio to Brenntag’s local customers. Furthermore, we see opportunities to expand the Taiwanese supply base throughout the rest of the Asian Pacific market," Anthony Gerace, Brenntag Managing Director M&A.