Brenntag to acquire JM Swank from Platinum Equity.

Brenntag, a chemical distribution company, agreed to acquire JM Swank, a full-line food ingredient distributor, from Platinum Equity, a private equity firm. Financial terms were not disclosed. "JM Swank exemplifies how Platinum's approach can create value throughout the entire lifecycle of an investment. Following the carve-out from ConAgra, we executed a comprehensive transition and transformation program, providing the business with the tools needed to thrive as an independent company. We invested in JM Swank's national distribution infrastructure, optimized its operations, installed an outstanding management team, and built a scalable platform that is now well-positioned for a new period of growth in the years ahead," Adam Cooper, Platinum Equity Managing Director.