Brenntag Company Overview and Key Facts

Brenntag is a global leader in chemical distribution, with a rich history dating back to 1874.

The company was founded by Otto Brenninkmeijer in Bremen, Germany.

Brenntag operates in over 70 countries, making it a truly global player in the industry.

With a presence in Europe, North America, South America, Asia, and Africa, Brenntag's reach is vast and diverse.

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Brenntag's history is a story of significant changes and growth. The company was taken over by Deutsche Bahn in 2003.

In just one year, US private equity firm Bain Capital acquired Stinnes, the parent company of Brenntag, in 2004. This marked a turning point for Brenntag's corporate structure.

Until the end of 2003, Brenntag operated as a stock corporation, but Bain Capital converted it into a limited liability company. This change had a lasting impact on the company's operations.

In 2006, Brenntag was acquired by BC Partners, another significant development in the company's history. This acquisition brought new opportunities and challenges for Brenntag.

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In 2017, Brenntag moved its headquarters from Mülheim an der Ruhr to the House of Elements in Essen-Rüttenscheid due to capacity problems. This move was a response to the company's growing needs.

Brenntag underwent another significant change in 2021, converting from a stock corporation (AG) into a Societas Europaea (SE). This change reflected the company's growing international presence.

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Brenntag was founded on October 9, 1874, in Berlin by Philipp Mühsam, a Jewish merchant. He started the company as an agricultural wholesale business, with eggs being their most successful product.

By 1879, the company had already entered the trade of pharmaceutical raw materials, and by 1881, they were distributing chemicals, dyes, drugs, and agricultural products. The company was later converted into a joint stock corporation in 1923 by Philipp Mühsam's son, Dr. Kurt Mühsam, and his business partner Julius Herz.

Today, Brenntag is a global company with around 600 sites in 72 countries, employing over 17,500 people and generating revenues of 19.4 billion euros in 2022. Their product line has expanded significantly over the years to include a wide range of chemicals, fuels, and other specialty products.

Here's a breakdown of Brenntag's current structure:

The majority of Brenntag's shares are held by institutional investors, with around 66.44% of the company's shares being held by institutional shareholders.

Brenntag was founded on October 9, 1874, in Berlin by Philipp Mühsam under his own name.

Philipp Mühsam was a Jewish merchant who started the company as an agricultural wholesale business, with eggs being its most successful product.

Initially, the company focused on distributing eggs, but soon expanded its product line to include other items.

In 1879, Philipp Mühsam entered the trade of pharmaceutical raw materials, or "drugs", marking a significant shift in the company's focus.

By 1881, the company was distributing a wide range of products, including chemicals, dyes, and drugs, as well as some agricultural products in smaller quantities.

In 1950, Brenntag expanded its operations by adding inorganic and organic chemicals, solvents, plastics, resins, and specialty chemicals to its product line.

The company continued to grow and diversify its product offerings in the years that followed.

Brenntag's corporate structure is quite impressive, with revenues of 19.4 billion euros in 2022 and over 17,500 employees worldwide. The company has a presence in 72 countries with around 600 sites.

The Management Board is responsible for making key decisions, consisting of Jens Birgersson (CEO), Thomas Reisten (CFO), and Michael Friede (CEO Brenntag Specialties).

The Supervisory Board oversees the company's strategy and direction, but unfortunately, there's no information provided about its members.

Brenntag's shareholding structure is quite fragmented, with free float accounting for 85% of the shares. Institutional investors hold a significant 66.44% stake, while individual investors own around 18.56%.

Here's a breakdown of the shareholder structure:

It's worth noting that 100% of Brenntag shares are in free float according to Deutsche Börse's definition. The largest shareholders subject to voting right notification include Kühne Holding AG, Artisan Partners Limited Partnership, BlackRock, Flossbach von Storch AG, Harris Associates L.P., and Wellington Management Group.

Brenntag's expansion into the USA began in 1969, and the company continued to grow its business there through acquisitions, including Western Chemical in 1980 and Delta in 1986.

The company's international expansion continued in the 1990s, with acquisitions and joint ventures in Europe, including the Dutch company Holland Chemical International N.V. in 2000.

In 2008, Brenntag entered the Asian market by taking over the Indian company Rhodia in Mumbai, giving the company its first distribution presence in the region.

Brenntag expanded its market presence in Asia further in 2010 by acquiring EAC Industrial Ingredients Ltd. in Bangkok, and established a joint venture with Zhong Yung International Chemical Ltd. in China the following year.

The company continued to expand its operations in Asia with the acquisition of the distributor EPChem Group in Singapore in 2016, and further acquisitions took place in 2021, primarily of suppliers for food manufacturers.

Brenntag's global expansion has been driven by a series of strategic acquisitions, with the company now operating in over 70 countries.

Brenntag was established in 1874, a significant milestone in the company's history. This marked the beginning of a long journey that would shape the company into the successful business it is today.

Brenntag is based in Essen, a city in Germany where the company has a strong presence. This location has played a crucial role in the company's growth and development.

As a company established in 1874, Brenntag has a rich history that spans over 140 years. This longevity is a testament to the company's ability to adapt and evolve in a rapidly changing business environment.

Brenntag is listed on the Frankfurt Stock Exchange, a major stock exchange in Europe. This listing provides the company with access to a large pool of investors and helps to increase its visibility in the financial markets.

Brenntag is also a member of the DAX index, a benchmark index of the 30 largest and most liquid German stocks. This membership is a recognition of the company's size and importance in the German economy.

Here are some key facts about Brenntag's financials and operations:

Brenntag's product catalog includes over 10,000 items ranging from acids, bases, and solvents to substances for the food, cosmetics, feed, and pharmaceutical industries.

The company develops and supplies flavorings for spirits and food products, which is a unique service that sets them apart from other companies.

Brenntag operates around 80 application laboratories where customer-specific services and products are developed, allowing them to tailor their products to meet specific customer needs.

These laboratories are a key part of Brenntag's business model, enabling them to provide customized solutions to their clients.

Brenntag's product range is diverse and includes substances for various industries such as pharmaceuticals, nutrition, and cosmetics.

Their products are used in a wide range of applications, from food and beverage production to pharmaceutical manufacturing and cosmetics development.

Brenntag's business segments include Brenntag Essentials, which supplies process chemicals for broad application areas, and Brenntag Specialties, which concentrates on ingredients and services for selected focus industries like pharmaceuticals and nutrition.

As a result, Brenntag is able to provide a comprehensive range of products and services to meet the needs of a variety of industries and customers.

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Brenntag has been involved in several controversies over the years. In 2017 and again in 2021, the company faced criticism for supplying chemicals to Syria.

Brenntag's Swiss-based subsidiary supplied raw materials for painkillers to the Syrian company MPI, raising suspicions that the substances were used to manufacture chemical weapons like sarin.

Brenntag repeatedly denied violating EU export restrictions, but the Duisburg public prosecutor's office closed proceedings against the company in August 2019.

Brenntag was also implicated in the PIP scandal, where the company supplied a type of silicone oil called "Baysilone" to the French company Poly Implant Prothese (PIP).

Brenntag claimed that they had informed PIP that the products were only for industrial use and personal care products, but not for medical use.

Here are some key facts about Brenntag's controversies:

Brenntag's stock has seen significant trading activity, with a volume of 11,700 shares changing hands.

The current stock price is 50.44 EUR, a slight decrease from the previous day's price.

You can track Brenntag's stock performance over time by looking at its 52-week high and low, which are 68.70 EUR and 47.26 EUR, respectively.

If you're interested in buying Brenntag stock, you can access various tools and information on the company's website, including real-time data, charts, and trading signals.

Here's a comparison of Brenntag's performance with the DAX index:

Brenntag's shareholder structure is dominated by a free float, with 100% of shares available for public trading.

One of the largest shareholders is Kühne Holding AG, which owns more than 15% of the company.

Artisan Partners Limited Partnership holds a significant stake, exceeding 10% of Brenntag's shares.

BlackRock, a well-known investment management company, owns over 5% of the company's shares.

Flossbach von Storch AG also holds a substantial stake, with more than 5% of Brenntag's shares.

Harris Associates L.P. owns a similar amount, with over 5% of the company's shares.

Wellington Management Group holds a smaller but still notable stake, with more than 3% of Brenntag's shares.

The stock price of Brenntag can be found in the "Brenntag Aktienkurs" section, where it's listed as €50.44 EUR at a trading volume of 11,700 shares.

The 52-week high for Brenntag's stock price is €68.70 EUR, while the 52-week low is €47.26 EUR. This gives you an idea of the stock's performance over the past year.

To get an idea of the stock's performance in real-time, you can check the "Brenntag Aktie kaufen" section, which provides real-time data, charts, and signals.

The stock price of Brenntag is also compared to the DAX index in the "Brenntag Aktien Kurs und Index Vergleich" section, where you can see the percentage change in the stock's price over the past day and month.

Here's a table showing the comparison between Brenntag's stock price and the DAX index:

Brenntag's financial performance has been on the rise, with revenue per share increasing from 93.09 EUR in 2021 to 125.76 EUR in 2022.

The company's revenue per share is projected to continue growing, reaching 115.32 EUR by 2023 and 112.46 EUR by 2024.

Brenntag's earnings per share have also seen significant growth, increasing from 2.90 EUR in 2021 to 5.74 EUR in 2022.

The company's dividend yield has been steadily increasing, reaching 3.49% by 2025.

Here's a breakdown of Brenntag's key financial metrics:

Brenntag's dividend per share has also been increasing, reaching 2.10 EUR by 2024 and 2025.

Brenntag continued to acquire companies worldwide after being taken over by BC Partners. This expansion led to the group acquiring up to 99 companies between 2007 and 2021.

Between 2007 and 2010 alone, Brenntag acquired more than 24 companies. Most of these acquisitions were small, and they helped the company expand its network and market shares in new markets.

In 2010, Brenntag went public and listed its shares on the German Stock Exchange in the Prime Standard Segment. This marked a significant milestone for the company.

Brenntag's shares were included in the MDAX index from June 2010 until September 2021. As part of a reform and expansion of the DAX index, Brenntag's shares were included in the DAX as of September 2021.

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Brenntag has a strong presence in the market with a global network of over 570 locations across 77 countries. This extensive reach enables the company to provide its customers with a wide range of services and products.

The company's global presence is supported by its large workforce of over 15,000 employees who work together to provide top-notch services to their customers.

Brenntag's global network is comprised of several business units, each specializing in specific regions and industries. This allows the company to cater to the diverse needs of its customers worldwide.

Brenntag's community involvement is evident in its commitment to sustainability and environmental protection. The company aims to reduce its carbon footprint and promote eco-friendly practices throughout its operations.

The company's community involvement extends to its partnerships with various organizations that share its values and goals. These partnerships enable Brenntag to make a positive impact on the environment and society.

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