Brenntag to Purchase Chemical Distributor in China

SINGAPORE – Brenntag, a chemical distribution company, signed a purchase agreement to acquire 100 percent of Zhong Yung (International) Chemical Ltd. Brenntag will hold a majority stake of 51 percent and will acquire the remaining stake in 2016. Entering into a joint venture for five years gives Brenntag the opportunity to use the experience and know-how of Zhong Yung and its management team to establish a solid business platform for Brenntag in China.