Brenntag acquires Quimica Delta to expand its market reach in Mexico
Brenntag, the global leader in the distribution of chemicals and ingredients, has announced its acquisition of Quimica Delta, one of Mexico’s premier distributors of essential chemicals. This strategic acquisition extends Brenntag’s operational network into the heart of Central Mexico, enhancing its last mile service capabilities.
Established in 1974 and based in Teoloyucan near Mexico City, Quimica Delta has cultivated a substantial portfolio of industrial chemical products and fostered enduring relationships with key global suppliers. The company, which reported impressive annual sales of USD368 million in 2023, boasts several rail terminals and maritime port access at Altamira, positioning it strategically for chemical imports primarily from the United States.
Ewout van Jarwaarde, CEO of Brenntag Essentials, emphasised the acquisition’s alignment with Brenntag’s growth strategy. “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. 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, Jarwaarde said. He highlighted that this combination positions Brenntag favorably in one of the fastest-growing chemical markets globally.
Fernando Bueno, CEO of Quimica Delta, also commented on the merger. “Joining Brenntag grants us the access to a global distribution network, a significant step to expand our product catalogue at scale of what we can offer our customers and supply partners in the Mexican market,” said Bueno.
While the financial terms of the deal remain undisclosed, the transaction is expected to close in the third quarter of 2024, pending customary regulatory approvals. This merger marks a significant step for Brenntag in consolidating its leadership in the global chemical distribution market and expanding its footprint in Latin America.
