Mülheim an der Ruhr, Germany – Chemical distributor Brenntag has signed an agreement to acquire TAT Group, a Singapore-based distributor for industrial chemicals. The company’s facilities in Singapore cover supply chain requirements and value-added services including modern blending, packaging, storage and logistics facilities. TAT offers its local and overseas customers a broad product range of solvents and related products via its subsidiaries in Singapore, South Korea, Vietnam, Hong Kong and Indonesia.
Steven Holland, CEO Brenntag Group, commented, “TAT has a strong market position and reputation as well as high coverage in Southeast Asia, Hong Kong and South Korea. The acquisition is a significant complement and important investment into Brenntag’s geographic and strategic position in Asia-Pacific. TAT’s distribution network serves a broad customer base in the coatings, pharmaceutical, plastics, electronics and other industries and will contribute to further enhance Brenntag’s relationships with its global key accounts as well as major suppliers.”