Brenntag, the global market leader in chemicals and ingredients distribution, announced the acquisition of Quimica Delta, a leading distributor of essential chemicals operating a dense last mile service operation network in central Mexico with access to tollgates in 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 US$ 368 million.

Ewout van Jarwaarde, CEO of Brenntag Essentials, commented: “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. Combined, Brenntag and Quimica Delta will be well positioned in one of the world’s fastest-growing markets for chemicals. I look forward to welcoming the team to Brenntag.”

"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”, added Fernando Bueno, CEO of Quimica Delta. “Our dedicated team with extensive experience in the sales and distribution of chemical products in our industry in Mexico and the region will truly benefit from joining the world market leader in chemicals distribution. And as our values and focus on safety complement what Brenntag stands for, I look forward to joining our teams.”

Financial details of the deal are not being disclosed. Closing of the transaction is subject to customary conditions including regulatory approvals and is expected in Q3 of 2024.