Brenntag has expanded its footprint and technology portfolio in Material Science with the acquisition of leading specialty chemicals distributor Lawrence Industries.
The transaction – involving one of the UK’s leading independent specialties distributors – significantly expands Brenntag’s Material Science portfolio of technologies and sustainable solutions from top tier suppliers.
According to a spokesman, the acquisition also strengthens the company’s position across the Coatings, Adhesives, Sealants and Elastomers (CASE), Construction, Polymer and Rubber industries, driving market need in formulation solutions and boosting their sustainability footprint.
Lars Schneider, Global President Brenntag Specialties Material Science, said: “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 in 2023.
“We are excited to join the Brenntag family,” added 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.