01/22/2008
Acquisition of US distributor Schoofs Incorporated
Reading, PA - Brenntag, the global leader in the growth market for the distribution of chemicals, today announced the acquisition of Schoofs Incorporated, headquartered in Moraga, California.
Schoofs Incorporated’s specialty product lines and technical sales and service capabilities have enabled them to garner an excellent reputation.
Stephen P. Brauer, President of Brenntag Specialties, Inc., “Schoofs is a quality, niche acquisition that supports our North American strategy of growing our specialty chemical business in selected industries. Our two businesses are complementary in products and markets, and the unified company will further enhance our capabilities in the Western United States”.
President Greg Schoofs added, “Brenntag is a great fit because the overlapping products and complementary geography make it mutually beneficial for both companies. Simply put, the whole is greater than the sum of the parts”.
The Schoofs operation will join Brenntag’s national subsidiary Brenntag Specialties, Inc., with process chemical lines pertaining to the Oil & Gas Industry subsequently consolidated into Brenntag’s Coastal Chemical division.
Brenntag recorded 2007 external sales of US$ 9.1 billion (EUR 6.6 billion). The company operates more than 300 locations with more than 11,000 people in 55 countries. In keeping with the company’s strong position in world markets, Brenntag is committed to providing value to its customers and suppliers through superior supply chain logistics, single sourcing and value added services. Brenntag offers an unrivalled, extensive and state-of-the-art distribution network for industrial and specialty chemicals to its suppliers and customers alike, both in Europe and the Americas.
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