# Brenntag acquires stake in Al-Azzaz Chemicals via joint venture

Brenntag announced a partnership with Al-Azzaz Chemicals Company via a 75/25 joint venture, expanding its specialty chemicals distribution footprint in Saudi Arabia.

- Type: Acquisition
- Announced: 2022-06-08
- Where: Riyadh, Jeddah, Al-Khobar Dammam, Saudi Arabia, Saudi Arabia
- Status: announced
- Products: specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Brenntag SA](https://endata.com/companies/21091.md) (acquirer)
- [Al-Azzaz Chemicals Company](https://endata.com/companies/63352.md) (target)

## Sources

- [brenntag.com](https://www.brenntag.com/en-ca/media/news/brenntag-greatly-expands-its-footprint-in-the-specialties-chemicals-distribution-market-in-saudi-arabia-by-acquiring-a-stake-in-alazzaz-chemicals.html), 2022-06-08: "This joint venture greatly expands the company’s presence and footprint with one of the largest speciality chemicals distributors on the Arabian Peninsula."

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