Brenntag to acquire Thai finished lubes distributor

Brenntag AG, a German chemical distribution company has signed an agreement to acquire Oils ‘R Us Co., Ltd, a distributor of both industrial and automotive lubricants in Thailand.

Henri Nejade, Member of the Management Board of Brenntag Group and CEO Brenntag Asia Pacific said their acquisition in Thailand will help them expand their lubricant footprint in the region. “Our acquisition in Thailand, which is the second-largest economy in Southeast Asia, perfectly drives Brenntag’s lubricant expansion plan in the region forward. Not only regional but also in terms of service offering, since Oils ‘R Us offers us extensive possibilities to establish lubricant decanting and re-packaging capabilities in the future.”

Anthony Gerace, Managing Director Mergers & Acquisitions at Brenntag Group said, “our strategy is to build broad regional coverage of lubricant distribution in Southeast and Southern Asia. Adding a platform in the important market of Thailand is the next step for Brenntag Asia Pacific to complete its vision to become the leading distributor and provider of lubricants and value-added services in the region.”

Brenntag is headquartered in Essen, Germany and it was established in 1912.