Industry News

Brenntag increases market presence in North Africa

Published on 2006-01-17. Author : SpecialChem

Effective December 31, 2005, Brenntag, global leader in the growing market for chemical distribution, has purchased 51% of the operations of Group Alliance in the Maghreb region with entities in Algeria (Algiers, Oran and Annaba), Tunisia (Tunis) and Morocco (Casablanca).

With annual sales of 12 million Euro in 2004, Group Alliance is focused on the distribution of Specialty Chemicals to the fast growing market of the so called Maghreb Region with 75 millions inhabitants and brings coordinated services and know how in industry fields like Urethanes, Paints & Adhesives, Oil & Gas, Pharmaceuticals, Cosmetics, Food and Thermoplastics. The company also distributes Industrial Chemicals and filtration products.

Daniel Pithois, Member of the Executive Board of Brenntag Group and responsible for European Operations, perceives a considerable potential in the emerging North-African states: "With the 51% takeover of Group Alliance, we establish the local distribution activities in Algeria and Tunisia and enhance our position in Morocco. The transaction is also very positive for the relationship with our key suppliers which are increasingly looking for partners in the Maghreb Region."

Brenntag recorded sales of 4.6 billion euros in 2004 through the efforts of the company's 8,800 employees at around 300 locations around the globe. Brenntag is committed to provide value to its customers and suppliers through superior supply chain logistics, single sourcing and value-added-services, underlying the company's strong position in world markets. Brenntag offers an unrivalled extensive and state-of-the-art distribution network for industrial and specialty chemicals to its suppliers both in Europe and the Americas.

Source: Brenntag

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