2 January 2013
Details
Brenntag
has acquired
ALTIVIA Corporation ("ALTIVIA"),
a water treatment chemical distributor
headquartered in Houston, Texas, USA..
ALTIVIA Chemicals LLC's
- aluminium polymers manufacturing business and
- the ferric and ferrous sulfate production
facilities in Pasadena,Texas
are not part of this transaction
which was closed on December 31, 2012.
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Benefit to Brenntag
- ALTIVIA has a leading market position in
one of the largest industrial distribution markets
in the United States.
- The acquisition will considerable strengthen
Brenntag regional organization in the Southwest
as well as water additives business,
which is one of Brenntag's focus industries globally.
- Its strategically located facility in Houston with
river barge and rail capabilities will allow for
efficiency gains and further expansion of business.
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About ALTIVIA
- ALTIVIA formulates, blends, repackages
and distributes water treatment chemicals.
- In addition, ALTIVIA serves a wide variety of
customer industries with products such as
bleach, aluminium sulfate, specialty polymers,
caustic soda, chlorine and sulfuric acid.
- ALTIVIA has facilities in Houston, Texas, St. Gabriel, Louisiana and
Marlow, Oklahoma in the United States.
- For the financial year 2012 the company is
expected to generate sales of USD 83 million.
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