Brenntag acquires Aussie distributor

Brenntag has signed a purchase agreement to acquire the entire business of the ISM/Salkat Group, a leading distributor of speciality chemicals in Australia and New Zealand. "The acquisition of the ISM/Salkat Group represents a huge step to achieve our strategic position as a full-line chemical distributor with an established and competitive platform in Asia-Pacific," says Brenntag CEO Steve Holland. "ISM has a strong track record of success and an innovative product portfolio. The acquisition represents a quantum leap for the network and know-how for Brenntag in Australia and New Zealand. Brenntag's business partners will benefit from our increased capabilities to provide world-class products and services."