Chemical distributor Brenntag recently announced the acquisition of Aik Moh Group. With a focus on Southeast Asia, Aik Moh Group offers a wide range of industrial chemicals, mixing and blending capabilities, and value-added services such as repacking, warehousing, and logistics support with a focus on Southeast Asia.

Founded in 1980, Aik Moh Group is headquartered in Singapore and operates nine blending and warehousing facilities in four countries. The company distributes mainly solvents, glycols, and blends to customers throughout Southeast Asia. These products are used in various industries coatings, construction, and inks and polymers. Aik Moh already generates a significant part of its sales with products from sustainable sources.

“With the addition of Aik Moh Group to Brenntag Essentials, we execute our ‘Strategy to Win’ in the APAC region, strengthening our local and regional distribution network in Asia-Pacific, enhancing our last-mile delivery capabilities while at the same time expanding our mixing and blending services. We will foster our leading position as a value-added service provider and reliable distribution partner to our existing and new customers,” said Steven Terwindt, member of the Management Board of Brenntag Group and COO of Brenntag Essentials.

With this acquisition, Brenntag Essentials expands its business into key Asia-Pacific markets, including Singapore, Malaysia, Indonesia, and the Philippines. According to the company, the acquisition is an additional step in Brenntag’s ongoing transformation process, driving its execution of the Brenntag Essentials’ strategy to strengthen local capabilities and market coverage in high-growth markets like Asia-Pacific.

Huan Yong Chan, regional president, Brenntag Essentials Asia Pacific, added “I want to welcome our new colleagues from the Aik Moh Group to the Brenntag family. The company’s track record, supply chain, infrastructure and customer base speak for themselves, and I am very much looking forward to what we can achieve as a joint Brenntag Essentials team and network in the region.”

Kah Moh Tan, chairman of Aik Moh Group, added, “We have grown from a company of five employees to a chemical distribution specialist with facilities and a sales organization in several countries. It is a natural next step for us to join the global market leader in chemical distribution, to which we can add our capabilities and strengths, unlock synergies, and serve our joint customer base even better.”

The acquired business generated sales of approx. €76.6 million in the financial year 2022 (ending March 31). Closing of the transaction is subject to certain contractual conditions and regulatory approvals.

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