Brenntag buys Delanta
‘A cornerstone in Southern Cone growth plans’
Brenntag, the world’s largest chemical distributor, has continued its expansion by signing a preliminary agreement to acquire Delanta Group, a speciality chemicals distributor in Argentina, Uruguay and Chile. This should close within December.
Delanta is mainly active in the distribution of paints and coatings and chemicals for ceramics, construction and food applications. In 2011, it turned over $24.3 million. Brenntag Latin America CEO William Fidler called the acquisition “a cornerstone for our growth strategy in the Southern Cone”.