Brenntag acquires majority stake in Trychem

Brenntag, the global market leader in chemical distribution, has entered into a joint co-operation with 51% ownership in chemical distributor Trychem FZC, Dubai, UAE. Trychem is active in the distribution of solvents serving the paint, ink and coatings industries, mainly in the UAE, Saudi Arabia, Bahrain, Oman, Egypt and East Africa.

In addition, the company offers mixing, blending, packaging and labelling capacities. In a first step, Brenntag will hold 51% and Tri Star Transport LLC/JRA Holding 49%.

"We are delighted to work together with a well-positioned chemical distributor located in Dubai to strengthen Brenntag’s market position in the Middle East region, which is of strategic importance for our supplier relationships and global customers. This is an excellent platform for our existing and planned business for the region and shows our strong commitment to this market,” said Karsten Beckmann, Member of the Management Board of Brenntag Group and CEO Brenntag Europe, Middle East and Africa (EMEA). The Middle East is a fast growing region, with ongoing investments in chemical production.