Articles - Corporate Happenings

Brenntag expands footprint andtechnology portfolio in Material Science with the acauisition of Lawrence Industries in the UK

April 2024

Articles - Corporate Happenings

Brenntag expands footprint andtechnology portfolio in Material Science with the acauisition of Lawrence Industries in the UK

April 2024

 

• Brenntag Specialties further strengthens its position in the UK and Ireland with the acquisition
of a leading specialty chemicals distributor
• The transaction significantly expands Brenntag's Material Science high-quality portfolio of
technologies and sustainable solutions from top tier suppliers

Brenntag, the global market leader in chemicals and ingredients distribution, today announced the
acquisition of Lawrence Industries Ltd., a leading independent specialties distributor in the UK.
This acquisition further strengthens the company's position within Material Science and across the
Coatings, Adhesives, Sealants and Elastomers (CASE), Construction, Polymer and Rubber industries,
as it accumulates a broad eco-system of leading toptier supply partners and a high-quality
portfolio, most strongly driving market needs of formulation solutions and leading sustainability
footprint.

Lars Schneider, Global President Brenntag Specialties Material Science, comments: "The acquisition
of Lawrence Industries will further strengthen our specialty offering in the UK and Ireland and is
perfectly in line with our strategy in Material Science. Lawrence Industries has developed an
industry leading reputation. I am deeply impressed with Lawrence Industries and its highly capable
and outstanding team, their long-established regional presence, strong specialty portfolio and
experienced technical set-up. I look forward to further expanding our technical and value-added
services to our top tier suppliers and valued customers with a particular focus on innovative and
sustainable solutions, leveraging each other's capabilities."

Founded more than 50 years ago, Lawrence Industries is a technically driven independent specialty
chemicals distribution company based in Tamworth, Staffordshire. The company serves a diverse range
of markets across the UK and Ireland, dedicated to supplying high-quality additives, minerals, and
catalysts. The businesses generated sales of approximately 30 million GBP in 2023.

"We are excited to join the Brenntag family," comments Charles Henn-Allen, Managing Director of
Lawrence Industries. "Gaining the international reach is an important next step for us as a leading
distributor of specialty chemicals in the UK. Moreover, acquiring access to Brenntag's extensive
Innovation & Application Centre network enable our current and future customers to benefit from
best-in-class value added services."

 

Brenntag Specialties is aiming to expand its Material Science footprint through strategic
acquisitions. Lawrence Industries will complement this strategy by significantly expanding the
footprint in the UK & Ireland, as well as expanding the know-how and supplier portfolio for
value-added services.

Financial details of the deal are not being disclosed. Signing and closing of the transaction
occurred simultaneously.

About Brenntag:
Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a
central role in connecting customers and suppliers of the chemical industry. Headquartered in
Essen, Germany, Brenntag has more than 17,700 employees worldwide and operates a network of about
600 sites in 72 countries. In 2023, Brenntag generated sales of 16.8 billion EUR. The two global
divisions, Brenntag Essentials and Brenntag Specialties, provide a diversified and broad portfolio
of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing
and supply chain solutions, technical and formulation support, comprehensive regulatory know-how,
and digital solutions for a wide range of industries. Brenntag pursues an ambitious sustainability
agenda and is committed to sustainable solutions in its own sector and the industries served.
Brenntag shares have been listed at the Frankfurt Stock Exchange since 2010, in the DAX since
September 2021. In addition, the Brenntag SE shares are listed in the DAX 50 ESG and DAX ESG
Target.

For more information, visit www.brenntag.com


Press contact: Verena Blaschke Brenntag SE


Global Communications Telefon: +49 (201) 6496-1213


Helmut Weintogl Brenntag SE Communications EMEA


Telephone: +49 (201) 6496-1339


E-Mail: global.communications@brenntag.com www.brenntag.com

Brenntag

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