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Acquisition of US distributor Ulrich Chemical - Brenntag

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Press Release<br />

Reading / Mülheim an der Ruhr, March 30, 2007<br />

<strong>Acquisition</strong> <strong>of</strong> <strong>US</strong> <strong>distributor</strong> <strong>Ulrich</strong> <strong>Chemical</strong><br />

<strong>Brenntag</strong> increases market presence in the <strong>US</strong>A<br />

<strong>Brenntag</strong>, leader in the growth market for the distribution <strong>of</strong> chemicals,<br />

announced today the acquisition <strong>of</strong> 100% <strong>of</strong> the shares <strong>of</strong> <strong>US</strong> <strong>distributor</strong><br />

<strong>Ulrich</strong> <strong>Chemical</strong>, Inc., headquartered in Indianapolis, Indiana.<br />

<strong>Ulrich</strong> <strong>Chemical</strong> <strong>of</strong>fers high quality chemicals and services to many diverse<br />

industries, such as Pharmaceuticals, Food and Beverage, Paint and<br />

Coatings, Plastics, Municipal Water and Wastewater, Cosmetics and<br />

Personal Care via 7 locations in Indiana, Kentucky and Illinois. Founded in<br />

1919, <strong>Ulrich</strong> <strong>Chemical</strong>s is an active member <strong>of</strong> the NACD, the National<br />

Association <strong>of</strong> <strong>Chemical</strong> Distributors, which is committed to the responsible<br />

distribution <strong>of</strong> chemicals. In fiscal year 2006 the company recorded sales<br />

<strong>of</strong> <strong>US</strong>$ 83.6 million.<br />

William A. Fidler, President & CEO <strong>of</strong> <strong>Brenntag</strong> North America explains<br />

“The acquisition <strong>of</strong> <strong>Ulrich</strong> <strong>Chemical</strong> combines <strong>Brenntag</strong>’s global<br />

competence with local distribution service capabilities in a “Glocal” way.<br />

<strong>Ulrich</strong> <strong>Chemical</strong> has a great reputation and is well established and<br />

experienced in the Midwest chemical distribution market. This enables<br />

<strong>Brenntag</strong> to increase our market penetration into key industry segments<br />

with a broader product line and a wider range <strong>of</strong> services for our customers<br />

in Illinois, Indiana, Ohio, Michigan and Kentucky.”<br />

Ed Pitkin, President & CEO <strong>of</strong> <strong>Ulrich</strong> <strong>Chemical</strong> stated “<strong>Ulrich</strong> <strong>Chemical</strong> has<br />

grown consistently through the years as a full line, service oriented<br />

chemical <strong>distributor</strong> in the Midwest. In partnering with <strong>Brenntag</strong>, we found<br />

a company with national and global strengths that shares the same<br />

passion for local service that has made <strong>Ulrich</strong> what it is today.”<br />

<strong>Brenntag</strong> Holding GmbH Phone +49(0)208/78 28-7701<br />

Unternehmenskommunikation Stinnes-Platz 1 Fax +49(0)208/78 28-7220<br />

Corporate Communications 45472 Mülheim an der Ruhr E-Mail: hubertus.spethmann@brenntag.de<br />

Hubertus Spethmann Germany www.brenntag.com


In 2006 <strong>Brenntag</strong> once again succeeded in underpinning its position as<br />

one <strong>of</strong> the world’s leading chemical <strong>distributor</strong>s. The company recorded<br />

external sales <strong>of</strong> <strong>US</strong>$ 7.6 billion (EUR 6.1 billion). <strong>Brenntag</strong> operates more<br />

than 300 locations with more than 10,000 people in 50 countries. In<br />

keeping with the company’s strong position in world markets, <strong>Brenntag</strong> is<br />

committed to providing value to its customers and suppliers through<br />

superior supply chain logistics, single sourcing and value added services.<br />

<strong>Brenntag</strong> <strong>of</strong>fers an unrivalled, extensive and state-<strong>of</strong>-the-art distribution<br />

network for industrial and specialty chemicals to its suppliers and<br />

customers alike, both in Europe and the Americas.<br />

<strong>Brenntag</strong> Holding GmbH Phone +49(0)208/78 28-7701<br />

Unternehmenskommunikation Stinnes-Platz 1 Fax +49(0)208/78 28-7220<br />

Corporate Communications 45472 Mülheim an der Ruhr E-Mail: hubertus.spethmann@brenntag.de<br />

Hubertus Spethmann Germany www.brenntag.com

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