Tee Hai Chem sells 51% stake to German giant Brenntag

Tee Hai Chem sells 51% stake to German giant Brenntag
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

15.03.2019

MOSCOW (MRC) -- SPECIALITY chemicals distributor Tee Hai Chem on Thursday sold a 51 per cent stake to German chemical distribution giant Brenntag for a sum estimated to be SD200-300 million, said Businesstimes. With the move, the Singapore company aims to accelerate growth by tapping into Brenntag's global network to further expand its reach regionally and globally, as well as giving Tee

Full article at mrcplast.com

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