Artisan Partners Doubles Stake in Brenntag to 10%

Published: Nov. 19, 2024 at 12:03 p.m. ET

By Adam Whittaker

Brenntag said that U.S. asset manager Artisan Partners doubled its stake in the company and now holds 10.06% of voting rights.

The German chemicals distributor said Tuesday in a voting-rights announcement that Artisan Partners increased its stake from 5.03% in July and is now the second-largest Brenntag shareholder behind Kuehne Holding’s 15% stake.

Artisan Partners has held the 10.06% stake since Nov. 13, the company said.

Write to Adam Whittaker at adam.whittaker@wsj.com

https://www.marketwatch.com/story/artisan-partners-doubles-stake-in-brenntag-to-10-004bd2bc?mod=markets