Brenntag has acquired Quimica Delta, a distributor of essential chemicals operating a last mile service operation network in central Mexico.
Founded in 1974, Quimica Deltas main site is located in Teoloyucan, close to Mexico City and major customers in Central Mexico.
Quimica Delta has built up a diverse portfolio of industrial chemical products and has established long-standing relationships with global supply partners in Mexico.
The company also operates several rail terminals and has access to maritime port infrastructure at Altamira, strategically located as a tollgate for chemicals mainly imported from the United States.
In 2023, the company reported annual sales of $368m.
“Brenntag Essentials is focused on developing our triple business strategy, combining our unique capabilities in the market of a cost-efficient network of last mile service operations with regional sourcing and supply chain services, and interregional optimization,” said CEO Ewout van Jarwaarde.
“The multimodal last mile operational capabilities and the access to marine terminal capacity of Quimica Delta expand our capability to serve our customers and supply partners in Mexico cost-efficiently and with the highest services levels in the market,” he added.
“Combined, Brenntag and Quimica Delta will be well positioned in one of the world’s fastest-growing markets for chemicals.”
Financial details of the deal were not disclosed. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q3 of 2024.
