Brenntag Acquires Fuel Additives Distributor Petrolube In Italy
June 04 2012 - 8:15AM
Dow Jones News
German chemicals distributor Brenntag AG (BNR.XE) Monday said it
has acquired Petrolube, the sole distributor of petroleum additives
manufacturer Infineum International Ltd. in Italy.
MAIN FACTS:
-Financial details of the transaction weren't disclosed.
-In 2012, Petrolube expects earnings before interest, tax,
depreciation and amortization of 800,000 euros, Brenntag said.
-Infineum is a joint venture between Exxon Mobil Corp (XOM) and
Shell.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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