Brenntag acquires Shanghai Saifu Chemical Development

Brenntag, a German chemicals distributor, acquired Chinese specialty ingredients company Shanghai Saifu Chemical Development for an undisclosed sum. The acquisition aims to boost Brenntag's presence in the Asian personal care market and is expected to close later in 2023.

“The acquisition of Saifu is a 'significant step' in Brenntag's ongoing strategic growth plan”cosmeticsbusiness.com

• 2 sources
• cosmeticsbusiness.comBrenntag acquires China’s Saifu specialty ingredients companyAustyn KingJun 22, 2023
• rubberworld.comBrenntag acquires Shanghai Saifu Chemical Development Co. - Rubber World - The Technical Service Magazine for the Rubber IndustryPublisherJun 28, 2023

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