Industry News, Mergers and Acquisitions, Suppliers News

Brenntag Takes Full Ownership of Crest Chemicals

Crest has been a 50/50 joint venture between Brenntag and AECI since 2001.

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By: Anthony Locicero

Copy editor, New York Post

Brenntag announced the acquisition of the remaining 50 percent of the shares in Crest Chemicals, South Africa, from the AECI Limited Group of companies. Crest has been a 50/50 joint venture between Brenntag and AECI since 2001. “The full ownership of Crest allows Brenntag to develop the business in the desired direction and to fully leverage its growth potential,” said Karsten Beckmann, member of the Board of Management of Brenntag Group and CEO Brenntag Europe, Middle East and Af...

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