Brenntag, the global leader in chemicals and ingredients distribution, announced the acquisition of the assets of Industrial Chemicals Corporation in Denver, Colorado. This strategic move enhances Brenntag’s geographical presence with a new distribution facility in a key region.
Over the past 60 years, the Biesemeier family built ICC into a leading regional distributor of industrial commodity chemicals. The centrally located Denver facility, directly linked to an inland rail terminal with extensive storage capacities, significantly bolsters Brenntag’s regional presence.
Scott Leibowitz, president of Brenntag Essentials North America, stated, “I want to welcome all our new colleagues of 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, commented, “For nearly 70 years, ICC has been striving to support our customers in the best way possible. Brenntag recognized 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.”
ICC reported an annual revenue of $40 million in 2023. The signing and closing of the deal occurred simultaneously, with financial details remaining undisclosed.
for more information visit www.brenntag.com