Brenntag

Line

  • Steven Holland, CEO
  • Stefan Zuschke, Chairman

Brenntag AG is the holding company for the Brenntag Group, the global market leader in chemical distribution. The company is based in Mülheim an der Ruhr.

History

In 1874 Philipp difficulty in Berlin an egg wholesale, which is later renamed Brenntag. In 1912 Brenntag entered the chemical distribution market. The Stinnes family took over in February 1937 by the family difficulty, who emigrated to the United States, shares worth 612,000 Reichsmark and divided the company into their privately owned. In 1938, the name " fuel, chemicals and transportation AG " renamed " Brenntag " and the headquarters from Berlin to Mülheim five years later 1943/44 is routed along the Ruhr.

Since the first cross-border expansion in 1966 and the entry into the U.S. market in the early 1970s, a large part of global growth was generated in the past twenty years through targeted acquisitions in fast-growing core markets.

In the 80s, the U.S. expansion progressed through acquisitions of various distribution companies. In the following decade, the expansion was followed by acquisitions and joint ventures in Europe. The acquisition of "Holland Chemical International ," the then fifth largest chemical distributor in the world, Brenntag won in 2000 added significant market share in Scandinavia, Eastern Europe and the U.S. and has been the market leader in Latin America. In the following ten years, acquired Brenntag world other companies and thus expanded its network and market share. Parallel new distribution centers were built at strategic locations.

In February 2003, the German Bahn AG bought the Stinnes AG and with it the Brenntag. In March 2004, the U.S. private equity firm Bain Capital, Brenntag took over from the Deutsche Bahn AG. In July 2006, the British private equity firm BC Partners acquired by Bain Capital, Brenntag as part of a secondary buy- outs.

Through the acquisitions of the Asia-Pacific business of Rhodia (2008) and EAC Industrial Ingredients Ltd.. A / S (2010 ) joined Brenntag in the growing Asia-Pacific market and expanded its presence in the field of instrumental.

Since March 29, 2010, the shares of Brenntag AG is listed on the regulated market of the Frankfurt Stock Exchange.

On June 21, 2010, Brenntag has been included in the MDAX.

In May 2011, Brenntag acquired in the U.S. Industrial Chemicals Dealers GS Robins & Company, St. Louis, with 96 million U.S. dollars in sales.

As part of the PIP scandal over breast implants with non- medical applications for the intended silicone was announced that Brenntag had supplied the material in question " Baysilone " by the manufacturer Momentive Performance Materials to the French company Poly Implant Prosthesis ( PIP). This silicone oil is a standard product, which is used in many different industrial applications. For example, the silicone oil is used in production processes as a release agent, in the personal care industry, there is used in shampoos and skin creams, and in the construction industry it is for use in sealants.

Since July 2012, the free float of shares is at 100 %. On September 17, 2013 it was announced that Brenntag expanding its India business. The Group acquired the Trading with additives for foods from biotechnology group Zytex for the price of ten million euros. He is part of Brenntag India with headquarters in Mumbai.

Bodies of the Company

Board of Directors

  • Steven Holland, Chief Executive Officer ( CEO)
  • Georg Müller, Chief Financial Officer
  • William Fidler, Member of the Board

Board

  • Stefan Zuschke (Chairman since March 3, 2010 )
  • Thomas Ludwig (Vice Chairman since March 28, 2010 )
  • Doreen Nowotne (since March 3, 2010 )
  • Edgar Fluri (since March 28, 2010 )
  • Andreas Rittstieg (since March 28, 2010 )
  • Steve Clark ( since 22 June 2011)

Pictures of Brenntag

144994
de