The Urethane Blog

Brenntag Acquires Canada Colors

Essen, July 3, 2018
Brenntag expands footprint in Canada by acquiring the
chemicals distribution business of Canada Colors and
Chemicals Ltd.

Brenntag (WKN A1DAHH), a global leader in chemical distribution, has signed
an agreement with Canada Colors and Chemicals Ltd. to acquire the company’s
chemicals distribution business (“CCC”). Headquartered in Toronto, CCC offers
a full-line portfolio with operations in the main industrial areas across all of
Canada. CCC serves a highly diversified customer base in industries such as
Life Sciences, Water Treatment, Coatings, Construction, Energy and Mining.
Steven Holland, CEO Brenntag Group: “With the acquisition of CCC, Brenntag
strengthens its focus and specialties capabilities in both Life Science and
Material Science. CCC’s broad positioning and extensive product and service
portfolio perfectly complement Brenntag’s offer to our customers and suppliers.”
CCC maintains well-invested, scalable and flexible facilities across Canada to
store, blend and package industrial and specialty chemicals and products. Its
Life Science offer includes a state-of-the-art ingredients application lab, several
own formulations and a highly qualified technical staff. CCC’s blending
capabilities and formulation expertise in the Oil & Gas business opens
interesting synergetic business opportunities with Brenntag Canada’s Oil & Gas
operations. In addition, the company’s own truck fleet will extend Brenntag’s
value-added service offering.
Markus Klähn, Member of the Management Board of Brenntag Group and CEO
Brenntag North America: “This strategic acquisition will solidify our position as
partner of choice for our suppliers and customers in Canada and will
sustainably support our collective growth ambitions in this industry.”
Guy Carr-Harris, Chairman and CEO of Canada Colors and Chemicals Ltd.:
“The sale of our chemicals distribution business to Brenntag is an exciting
opportunity for our employees and stakeholders to join forces with one of the
world’s leading international chemical distribution companies. The combination

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of Brenntag’s global reach and our technical capabilities provide a compelling
platform for our customers and suppliers.”
The business generated total sales of approximately 140 million EUR in the
financial year 2017. Closing of the transaction is expected within the course of
the next weeks, subject to contractually agreed closing conditions.