Brenntag acquires Italian distributor of food ingredients and raw materials Natural World
July 26, 2007
With effect from 1 July 2007,
Brenntag, the global leader in the market for the distribution of food ingredients and raw materials, acquired the Italian chemical distributor Natural World, whose headquarters are located in Lugo, in the North of Italy.
Natural World distributes chemical products for the Italian food industry. In particular, the company is specialized in the distribution of ingredients and formulations for industries focusing on dairy and bakery.
Thanks to this acquisition, Brenntag expands its position in the sector of the distribution of food ingredients in the Italian market and as a consequence, also in Europe.
Karsten Beckmann, Managing Director of Brenntag Italy, explains: "
together with the Natural World, afianzamos segments of market such as dairy and baking, to benefit from the extensive experience and expertise of the team of this company in the area of food products." In addition, this acquisition allows us to increase our portfolio with new chemical specialty products as well as the application of knowledge associated with them. "The management team of Brenntag Italy feels fortunate to be able to make this collaboration and welcomes new colleagues."
Alcide subtraction, executive director of the Natural World, see also excellent prospects for both sides: "the Italian food market is one of the largest in Europe." The Alliance with an international and well positioned partner like Brenntag will help us to continue our success. "We are pleased to be a solid complement of a distribution network in expansion."
In 2006, Brenntag succeeded again to maintain its position as one of the most important chemical distributors in the world. The company recorded figures of external sales of 6.1 billion euro (US $ 7.6 billion). Brenntag has more than 300 installations and more than 10,000 people in 50 countries. In order to maintain the company's strong position in world markets, Brenntag is committed to providing the best possible service to their customers and suppliers through a high-quality supply chain logistics, the purchase of complete product ranges to a preferred provider (single sourcing) and value-added services. Brenntag offers a network of avant-garde, exhaustive and unparalleled distribution of industrial and specialized chemical products to its customers and their suppliers, both in Europe and the Americas.