Brenntag Takes Over EAC Industrial Ingredients

With the acquisition, Brenntag is expected to get access to an established distribution network active in nine countries with growth potential.

EAC Industrial Ingredients holds an important market share and covers with subsidiaries markets in nine countries with local presences in Thailand, Vietnam, Indonesia, Philippines, Malaysia, Singapore, Cambodia, India and Bangladesh.

The acquisition is a strategic investment for Brenntag as growing demand is expected in particular for sectors like Pharma, Food, Cosmetics and Coatings In the Asia Pacific region.

EAC Industrial Ingredients’ existing team will continue their work under the Brenntag brand. Brenntag expects significant benefits from the combination of the two operations.

Stephen Clark, CEO of Brenntag, said: “The acquisition of EAC Industrial Ingredients is a major step in the execution of Brenntag’s growth strategy. We expand our existing presence in the growing markets of Asia Pacific, add significant market share and improve our market position in focused industries like Food & Beverage, Coatings, Personal Care and Pharma.”

Henri Nejade, president of Brenntag Asia Pacific, said: “We are delighted to acquire EAC Industrial Ingredients because it perfectly meets our requirements to further grow in this region. The acquisition will support our ability to better serve local demands in these fast-growing countries.

“I am convinced we will continue the Brenntag success story in Asia Pacific which is a major growth area for the global economy and consequently for Brenntag, too.”

The closing of the deal is expected in the month of July.