# Brenntag acquires remaining 50% of Crest Chemicals from AECI

Brenntag announced the acquisition of the remaining 50% of shares in Crest Chemicals, a South African chemical distributor, from AECI Limited. Crest had been a 50:50 joint venture since 2001.

- Type: Acquisition
- Announced: 2019-07-29
- Where: Midrand/Johannesburg, South Africa
- Status: announced
- Products: chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Brenntag SA](https://endata.com/companies/21091.md) (acquirer)
- [AECI](https://endata.com/companies/27628.md) (partner)
- [Crest Chemicals](https://endata.com/companies/40953.md) (target)

## Sources

- [presseportal.de](https://www.presseportal.de/en/pm/108645/4335501), 2019-07-29: "The full ownership of Crest allows Brenntag to develop the business in the desired direction and to fully leverage its growth potential."
- [butchersa.co.za](https://www.butchersa.co.za/brenntag-acquires-remaining-50-of-the-shares-in-south-african-distributor-crest-chemicals/), 2019-08-02: "The full ownership of Crest allows Brenntag to develop the business in the desired direction and to fully leverage its growth potential."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/brenntag-acquires-remaining-shares-in-crest-chemicals/), 2019-08-20: "Brenntag announced the acquisition of the remaining 50 percent of the shares in Crest Chemicals Proprietary Limited ('Crest'), South Africa, from the AECI Limited Group of companies."

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