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Tue, Jun 14 2016

Chemicals distributor Brenntag still in the hunt for acquisitions

DUESSELDORF, Germany, June 14 Germany's Brenntag plans to spend 200-250 million euros ($224-280 million) a year as it continues its acquisitions spree, Chief Executive Steven Holland told the company's annual general meeting on Tuesday.

Brenntag profit drops 27 pct on Venezuela currency losses

FRANKFURT, May 9 Germany's Brenntag, the world's largest chemicals distributor, reported a 27 percent drop in first-quarter net profit, far below forecasts, due to a large devaluation of the Venezuelan bolivar and a challenging business environment in North America.

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