Brenntag Details Strategic Roadmap and Initiatives Through 2027
Brenntag, a chemical and ingredients distributior, released detail of its strategic transformation and growth path including updated mid-term targets until 2027. The plan, presented at a Capital Markets Day in London, contains the further operational and legal disentanglement of Brenntag Essentials and Brenntag Specialties leading towards two distinct, high-performing divisions with full business autonomy supported by a lean Corporate Center. The company also presented additional details on strategic steps and product portfolio shifts to sharpen the profiles of the divisions and enhance their value proposition along market requirements. In addition, Brenntag introduced further cost take-out measures to realize efficiency gains.
Path to Horizon 3: Executing the Long-Term Transformation