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The business will be operated as a joint venture between 2017 to 2021.
June 30, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Brenntag has signed an agreement to acquire in two steps 100% of the shares in specialty chemical distributor Wellstar Enterprises Company Limited, Hong Kong, and its three Chinese subsidiaries, jointly Wellstar Group. Brenntag will gain a majority stake of 51% with a first tranche in 2017 and the remaining 49% via the second tranche by 2021. In the period from 2017 to 2021, the business will be operated as a joint venture. Wellstar Group focuses on the distribution of specialty pigments, re...
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