JM Swank brings a diversified product portfolio of food ingredients such as spices, dairy, grain, sweeteners, fats and oils
Brenntag, a global market leader in chemicals and ingredients distribution, announcesd the acquisition of the US-located Storm Chaser Holding Corporation (“JM Swank”) from Platinum Equity.
The company is a leading distributor of food ingredients and reported sales of approximately $500 million in 2020. With an enterprise value of $304 million, this is a decisive step in expanding Brenntag’s position in the North American Nutrition industry and a key acquisition aligned with Brenntag’s M&A strategy.