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Brenntag Specialties further strengthens its position in the UK and Ireland with the acquisition of a leading specialty chemicals distributor.
April 8, 2024
By: KERRY PIANOFORTE
Editor, Coatings World
Brenntag has acquired Lawrence Industries Ltd., a leading independent specialties distributor in the UK. This acquisition further strengthens the company’s position within Material Science and across the Coatings, Adhesives, Sealants and Elastomers (CASE), Construction, Polymer and Rubber industries, as it accumulates a broad eco-system of leading toptier supply partners and a high-quality portfolio, most strongly driving market needs of formulation solutions and leading sustainability footprint. Lars Schneider, Global President Brenntag Specialties Material Science, said: “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 set-up. 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.” 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 30 million GBP in 2023. 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 and Ireland, as well as expanding the know-how and supplier portfolio for value-added services. Financial details of the deal have not been disclosed. Signing and closing of the transaction occurred simultaneously.
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