# Brenntag forms joint venture with Al-Azzaz Chemicals in Saudi Arabia

Brenntag has entered a 75/25 joint venture with Al-Azzaz Chemicals Co., expanding its specialty chemicals distribution footprint in Saudi Arabia. Al-Azzaz Chemicals generated €25 million in sales in 2021. Closing is expected in August 2022.

- Type: Acquisition
- Announced: 2022-06-10
- Where: Riyadh, Jeddah, Al-Khobar Dammam, Saudi Arabia
- Status: announced
- Products: specialty chemicals distribution
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Brenntag North America](https://endata.com/companies/31004.md) (acquirer)
- [Al-Azzaz Chemicals Company](https://endata.com/companies/63352.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/99453-brenntag-acquires-stake-in-saudi-arabia-based-al-azzaz-chemicals), 2022-06-10: "This joint venture greatly expands our specialties chemical distribution footprint in the most important economic hubs in Saudi Arabia: Riyadh, Jeddah and Al-Khobar Dammam."

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