Brenntag completed the acquisition of Solventis Group.

Brenntag, a chemical distribution company, completed the acquisition of Solventis Group, a glycols and solvents distribution company. Financial terms were not disclosed. “Brenntag Essentials combines a cost-efficient network of last mile service operations with regional sourcing and supply chain services, and global sourcing. 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 EMEA,” Ewout van Jarwaarde, Brenntag CEO.