Brenntag Acquires Alphamin
DEERLIJK, Belgium — Chemical distributor Brenntag has completed the acquisition of all shares of specialty chemicals distributor Alphamin S.A., headquartered in Wavre, Belgium, and its subsidiary, New Jersey-based Alphamin Inc. The company is focused on specialty polymers and waxes, and serves customers in a wide range of industries and across all continents.
Karsten Beckmann, member of the Board of Management of Brenntag Group and CEO Brenntag Europe, Middle East and Africa (EMEA), said, “With its global reach, its product portfolio and expertise, Alphamin is an attractive bolt-on acquisition for Brenntag’s existing specialty chemicals business, strengthening and expanding our existing offer to customers in the material science segment.”
Alphamin’s owned and operated application center in Belgium is fully equipped with state-of-the-art instrumentation and enables the company to provide up-to-date research, development and quality control services to its commercial partners.
Anthony Gerace, Brenntag Group’s Managing Director Mergers & Acquisitions, said, “Alphamin is a perfect opportunity to improve Brenntag’s technical resources, expand our presence in attractive niche markets, increase our business opportunities in promising material science segments, and support our global or pan-regional strategy for certain product groups such as waxes.”