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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Brenntag to acquire 51% stake in Wellstar Group · Endata

◂ Announcements

Jul 5, 2017ACQUISITIONHong Kong, Hong Kong SAR China

Brenntag to acquire 51% stake in Wellstar Group

Brenntag AG has signed an agreement to acquire 100% of Wellstar Group shares, with a 51% majority stake in 2017 and the remaining 49% by 2021. Wellstar Group is a Hong Kong-based specialty chemicals distributor with subsidiaries in Shenzhen, Guangzhou, and Shanghai.

Status

Announced

Productshigh-performance pigmentseffect pigmentsresinskaolin

CompaniesBrenntag SA acquirer Wellstar Group target

Sectors#Specialty Chemicals

“Brenntag AG has signed an agreement to acquire 100 percent shares in Wellstar Enterprises (Hong Kong) Company Limited and its 3 Chinese subsidiaries, jointly Wellstar Group.”echemi.com

1 source
echemi.comBrenntag to Acquire Chinese Speciality Chemicals Distributor Wellstar | ECHEMIWorld of ChemicalsJul 5, 2017

Summarized from public sources; check the original articles before acting on it.

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