Brenntag Increases Profit and Intends to Raise the Dividend

Brenntag AG, a global chemical and ingredients distribution company announced on Wednesday that its profit grew by 1.6% for full-year 2019. Profit before tax grew 1.6% from last year to EUR633.4 million. Operating EBITDA reached EUR1 billion, a year-on-year increase of 11.3%. The earnings were benefited by the initial application of IFRS 16, despite difficult … Read more Brenntag Increases Profit and Intends to Raise the Dividend

Brenntag to Acquire Brazilian Chemical Distributor Quimisa

Brenntag, the global market leader in chemical and ingredients distribution, has signed an agreement to acquire Quimisa SA including its logistics subsidiary Quimilog. German Torres, Chief Executive Officer of Brenntag Latin America: “For Brenntag, the acquisition of Quimisa is an attractive investment with a strong infrastructure which will allow us to increase our market position … Read more Brenntag to Acquire Brazilian Chemical Distributor Quimisa