Brenntag has agreed to acquire SurtiQuímicos S.A., a distributor of specialty chemicals headquartered in Bogotá, Colombia. The company operates with facilities in Bogotá and Medellín. Its main business focus is the distribution of specialty chemical products and formulations into the paint, food, textile and construction industries.
For the financial year 2014, the acquired business is expected to generate sales of $16.1 million. The closing of the transaction is expected to occur in the course of the next weeks.
With food ingredients and services being a strategic focus for Brenntag, the company has also recently announced plans to acquire Swedish Chemical Distributor Fred Holmberg & Co. This fall, the company announced acquisitions of Pioma Chemicals to expand its presence in India and Italian food ingredients supplier Chimab.