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Brenntag to invest GBP 50 million in UK over 5 years

The focus will be on the life science sector, especially the food as well as the pharmaceutical and cosmetics sectors

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BS B2B Bureau Mulheim an der Ruhr, Germany
Brenntag, the chemical distribution firm with global sales of over Euro 10 billion in 2015, will invest over GBP 50 million (about $ 65 million) over the next five years in the UK operations. “Irrespective of the current Brexit concerns, the UK represents a significant market for our products and services and will remain an integral part of our European and global growth strategy,” said Steven Holland, chief executive officer of Brenntag AG.

Brenntag UK and Ireland maintains an outstanding level of infrastructure and technology, servicing a broad range of customer industries. The company has invested to expand its specialty chemicals capabilities in recent years and will continue to invest. The focus will be on the life science sector, especially the food as well as the pharmaceutical and cosmetics sectors.
 

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First Published: Aug 08 2016 | 4:47 PM IST

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