# 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.

- Type: Acquisition
- Announced: 2017-07-05
- Where: Hong Kong, Hong Kong SAR China
- Status: announced
- Products: high-performance pigments, effect pigments, resins, kaolin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Brenntag SA](https://endata.com/companies/21091.md) (acquirer)
- [Wellstar Group](https://endata.com/companies/25260.md) (target)

## Sources

- [echemi.com](https://www.echemi.com/cms/5778.html), 2017-07-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.