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Brenntag (WKN A1DAHH), the global market leader in chemical distribution, reported strong results in the third quarter of 2011. Sales increased by 13.6% based on constant exchange rates (9.7% as reported) to EUR 2,218.0 million (Q3 2010: EUR 2,022.6 million).

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With today’s announced acquisition of Multisol Group Limited, Brenntag, the global market leader in chemical distribution, further develops its market position in the distribution of specialty chemicals with focus on lubricants and base oils including mixing and blending capabilities.

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Today Brenntag, global market leader in chemical distribution, closed the acquisition of the first 51% of Zhong Yung (International) Chemical Ltd., a chemical distributor focused on the distribution of solvents with an established commercial and logistical infrastructure in the key economic regions in China. Thereby Brenntag gains market access to China, the world’s fastest-growing chemical market. Brenntag acquires over EUR 200 million of sales expected for 2011. Having signed the purchase agreement on June 09, 2011, the transaction has formally been closed within 10 weeks. The acquisition will be executed in two steps. Acquisition of the remaining stake is scheduled for 2016.

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Brenntag (WKN A1DAHH), the global market leader in chemical distribution, continued its growth path in the second quarter of 2011. Compared to last year’s period, Brenntag increased sales and even more important again achieved an increase in profits.

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