With 2011 sales jumping 12.3%, the world’s biggest botanical extracts specialist says it will acquire 4-5 companies in 2012, with negotiations advancing with an Asian target.
Brenntag is to acquire Asian chemicals distributor EAC Industrial Ingredients for €160m cash in a move that will significantly expand its presence in the Asia food, cosmetics and pharmaceutical sectors.
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.