Brenntag acquires New England Resins & Pigments
Brenntag announced the acquisition of New England Resins & Pigments Corporation, a regional distributor of specialty chemicals and packaging solutions with commercial operations predominantly in the New England states.
The company, registered as NERP Holding Co. Inc. and headquartered in Woburn, Massachusetts, services mainly the coatings and constructions, adhesives and other specialty industries.
“The acquisition supports our ongoing growth in specialties and complements our presence in New England as a strong and reliable distribution partner of the industry,” said Markus Klaehn, member of the management board of Brenntag Group and CEO Brenntag North America.
NERP’s specialty chemicals portfolio includes color pigments, functional minerals and resins, and additives.
Joe O’Connor, president of NERP, said, “NERP is thrilled to be joining Brenntag Specialties. The additional resources and expanded product offerings will allow NERP to bring greater value to our customers and will provide exceptional growth opportunities to our employees and principals. Our ability to provide a superior technical and customer service experience will be greatly enhanced.”
The acquired business generated sales of $28.6 million in the financial year 2018.
Headquartered in Essen, Germany, Brenntag is a global market leader in chemical distribution.
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