Brenntag acquires Lawrence Industries
Brenntag Specialties strengthens its position in the UK and Ireland through acquisition of leading specialty chemicals distributor.
Brenntag, the global market leader in chemicals and ingredients distribution, today announced the acquisition of Lawrence Industries Ltd., a leading independent specialties distributor in the UK.
This acquisition strengthens the company's position within Material Science and across the Coatings, Adhesives, Sealants and Elastomers (CASE), Construction, Polymer and Rubber industries, as it builds a broad ecosystem of leading top-tier supply partners and a high-quality portfolio, driving market needs for formulation solutions and strong sustainability credentials.
Founded more than 50 years ago, Lawrence Industries is a technically driven independent specialty chemicals distribution company based in Tamworth, Staffordshire. The company serves a diverse range of markets across the UK and Ireland, dedicated to supplying high-quality additives, minerals, and catalysts. The businesses generated sales of approximately GBP 30 million in 2023.
Expanding through strategic acquisitions
Brenntag Specialties is aiming to expand its Material Science footprint through strategic acquisitions. Lawrence Industries will complement this strategy by significantly expanding the footprint in the UK & Ireland, as well as expanding the expertise and supplier portfolio for value-added services. Lars Schneider, Global President Brenntag Specialties Material Science, comments: "The acquisition of Lawrence Industries will further strengthen our specialty offering in the UK and Ireland and is perfectly in line with our strategy in Material Science. Lawrence Industries has developed an industry-leading reputation. I am deeply impressed with Lawrence Industries and its highly capable and outstanding team, their long-established regional presence, strong specialty portfolio and experienced technical setup. I look forward to further expanding our technical and value-added services to our top-tier suppliers and valued customers with a particular focus on innovative and sustainable solutions, leveraging each other's capabilities." SourceAdvertisement
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