Brenntag acquires New England Resins & Pigments Corporation
The company, registered as NERP Holding CO. Inc., based in Woburn, Massachusetts, USA, mainly supplies manufacturers of paints, coatings, building materials, adhesives and other specialty products. Markus Klähn, Member of the Board of Brenntag AG and CEO Brenntag North America, said: “The acquisition supports our continued growth in specialty chemicals and strengthens our presence in the New England region.
About New England Resins & Pigments Corporation (NERP)
NERP’s specialty chemicals portfolio includes color pigments, functional minerals and resins, and additives. Anthony Gerace, Managing Director Mergers & Acquisitions of Brenntag AG: “With NERP, we are expanding our specialty chemicals portfolio in the region and strengthening our existing Material Science business and technical distribution in New England and neighboring states.”
The acquired company generated sales of EUR 25.2 million in fiscal year 2018.