Brenntag, the global market leader in chemicals and ingredients distribution, has announced the acquisition of the assets of Industrial Chemicals Corporation (ICC) in Denver, Colorado. This strategic move enhances Brenntag’s geographical footprint with a new distribution facility aimed at better serving the region.
Over the past 60 years, the Biesemeier family has grown ICC into a leading regional distributor of industrial commodity chemicals. The centrally located Denver facility, directly linked to an inland rail terminal and equipped with substantial storage capacities, significantly bolsters Brenntag’s regional presence.
Scott Leibowitz, President of Brenntag Essentials North America, expressed his enthusiasm about the acquisition, stating: “I want to welcome all our new colleagues from ICC to our team. Brenntag Essentials combines a cost-efficient network of last mile service operations with regional sourcing and supply chain services, and global sourcing. The location in Denver, Colorado is a highly compatible fit to our strategy, adding strong local last mile service operations with a state-of-the-art site to strengthen our regional footprint in North America. With this acquisition, we will increase service levels and cost efficiency for Brenntag customers while providing Brenntag supply partners with greater access to the local market.”
Jamie Biesemeier-Wilkins, CEO of ICC, also commented on the merger: “For nearly 70 years, ICC has been striving to support our customers in the best way possible. Brenntag recognised what we have built here, and we’re excited to be joining forces with them. It’s a great way to expand our reach and better serve our local and regional customers.”
In 2023, ICC reported an annual revenue of $40 million. The signing and closing of the deal occurred simultaneously, although the financial details of the transaction have not been disclosed.
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