brenntag

 

  • [7] In the 1980s, the company continued to expand in the USA through acquisitions of several distribution companies, among others, the American distribution companies Western
    Chemical (1980), Textile Chemical (1981) and Delta (1986).

  • [9] This included, among others, the Dutch company Holland Chemical International N.V. By acquiring Holland Chemical International – the fifth-largest chemicals distributor
    worldwide at the time – in 2000 Brenntag gained market shares in Scandinavia, Eastern Europe, and the USA, and became a market leader in Latin America.

  • [1] Company type: Public (Societas Europaea); Traded as: FWB: BNR, FWB: BNRA (ADR), OTC Pink Current: BNTGF, OTC Pink Current: BNTGY (ADR), DAX component (BNR); ISIN: DE000A1DAHH0
    US1071801013; Industry: Distribution; Founded: 1874; 150 years ago; Founder: Philipp Mühsam; Headquarters: Essen, Germany; Number of locations: 600; Key people: Christian Kohlpaintner (CEO), Richard Ridinger (Chairman of the Supervisory board);
    Services: Chemical and ingredients distribution; Revenue: 19.4 billion EUR (2022)[1] ; Number of employees: >17,500 (2022)[1]; History Founding[edit] In 1874 Philipp Mühsam founded an egg wholesale business in Berlin which would later become
    Brenntag.

  • [6] Expansion abroad and takeover[edit] In 1969, Brenntag acquired its first company, Balder from Belgium and a year later business operations in the USA started.

  • [23] Business segments[edit] Brenntag has been organized into two global businesses since 2021.

  • After the takeover by BC Partners, Brenntag continued to acquire companies worldwide, expanding its network and market shares.

  • In 2008, Brenntag took over the Indian company Rhodia in Mumbai, giving Brenntag the first distribution presence in the region.

  • In most cases, these were small supplements to the existing business in markets in which Brenntag had been less present until then.

  • [22][23] Part of Brenntag’s business strategy is the acquisition, i.e., buying companies to strengthen its own market position and expand its portfolio.

  • [13] Business operations Business model[edit] Brenntag buys large quantities of industrial and specialty chemicals from manufacturers, commissions them into required quantities
    to meet specific demand and sells them on to its customers.

  • Just one year later, US private equity firm Bain Capital acquired Stinnes.

  • [22][5] In addition, Brenntag operates around 80 application laboratories, where customer-specific services and products are developed.

  • [12] As of 20 September 2021, the company is included in the DAX as part of an index reform and expansion from 30 to 40 companies.

  • [14] In 2010, Brenntag further expanded its market presence in the region significantly by acquiring EAC Industrial Ingredients Ltd. in Bangkok.

 

Works Cited

[‘Riedl, Anton (6 September 2023): “Brenntag: Fünf Gründe, warum die Aktie ein Kauf ist”. In: Wirtschaftswoche.
1. ^ Jump up to:a b “Kauf dich groß – in den Dax” [Buy big – into the Dax]. Focus (in German). 19 November 2013. Retrieved 7 March 2023.
2. ^
Jump up to:a b c d Lipka, Anna Lena (12 January 2021). “Brenntag – Die Chemie stimmt” [Brenntag – The chemistry is right]. Focus (in German). Retrieved 7 March 2023.
3. ^ Jump up to:a b c d e Schneid, Heidi (5 October 2021). “Brenntag beliefert
die ganze Welt mit Chemie” [Brenntag supplies the whole world with chemicals]. Die Presse (in German). Retrieved 7 March 2023.
4. ^ Jump up to:a b Meßing, Frank (7 September 2021). “Vom Stinnes-Ableger in den Dax” [From the Stinnes spin-off to the
Dax]. Westdeutsche Allgemeine Zeitung (in German). p. 8.
5. ^ Reichelt, W.O. (10 April 1952). “Vom Zapfwirt zur Großtankstelle” [From petrol pump owner to large filling station]. Die Zeit (in German). Retrieved 7 March 2023.
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b Becker, Walter (26 February 2010). “Vom Eierhandel in die weite Welt” [From the egg trade to the wide world]. Börsen-Zeitung (in German). Retrieved 7 March 2023.
7. ^ Stinnett, Chuck (31 October 2009). “Brenntag avoids cyclical swings”. Courier
& Press. Retrieved 7 March 2023.
8. ^ Jump up to:a b Telgheder, Maike (31 May 2011). “Brenntag verstärkt sich mit Zukauf in Nordamerika” [Brenntag strengthens its position with acquisition in North America]. Handelsblatt (in German). Retrieved 7
March 2023.
9. ^ “Brenntag Announces Offer to Acquire HCI”. PCI Magazine. 20 October 2000. Retrieved 7 March 2023.
10. ^ Jump up to:a b “Unterschätzter Branchenchampion” [Underestimated industry champion]. Focus (in German). 3 September 2022.
Retrieved 7 March 2023.
11. ^ Schwerdtfeger, Heike (21 June 2010). “Dax-Neuordnung: Teure Einkäufe für Indexfonds” [Dax rebalancing: Expensive purchases for index funds]. Wirtschaftswoche (in German). Retrieved 7 March 2023.
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b “Geschäftsbericht Brenntag SE 2022” [Annual Report Brenntag SE 2022] (PDF). Brenntag. 7 March 2023. Retrieved 6 September 2023.
13. ^ “Rhodia ties up with Brenntag to sell specialty chemicals, engineering plastics in Asia-Pacific”. domain-b.com.
1 October 2008. Retrieved 7 March 2023.
14. ^ “Brenntag closes acquisition of first tranche of Zhong Yung (International) Chemical Ltd”. Lumitos. 22 August 2011. Retrieved 7 March 2023.
15. ^ “Brenntag to Acquire Singapore’s EPChem”. CHEManager.
2 November 2016. Retrieved 7 March 2023.
16. ^ Schraa, Rolf (22 December 2015). “E.on zieht nach Essen: Wenn ein Energiekonzern mit 40.000 Kisten umzieht”. Die Welt (in German). Retrieved 7 March 2023.
17. ^ “Brenntag macht Doreen Nowotne zur
Aufsichtsratschefin” [Brenntag makes Doreen Nowotne Chairman of the Supervisory Board]. Süddeutsche Zeitung (in German). 10 June 2020. Retrieved 7 March 2023.
18. ^ Nunes, Keith (24 June 2021). “Brenntag to acquire JM Swank”. Food Business News.
Retrieved 7 March 2023.
19. ^ “Vorstand” [Management Board]. Brenntag (in German). Retrieved 7 September 2023.
20. ^ Jump up to:a b “Börse: Das sind die zehn neuen Dax-Unternehmen” [Stock market: These are the ten new Dax companies]. Frankfurter
Allgemeine Zeitung (in German). 20 September 2021. ISSN 0174-4909. Retrieved 7 March 2023.
21. ^ Jump up to:a b Astheimer, Sven (12 November 2022). “Christian Kohlpaintner: Feuerwehrmann für Chemiebrände” [Christian Kohlpaintner: Firefighter for
chemical fires]. Frankfurter Allgemeine Zeitung (in German). ISSN 0174-4909. Retrieved 7 March 2023.
Photo credit: https://www.flickr.com/photos/calliope/15881325303/’]