Brenntag has purchased the Australian distribution arm of Blue Sky Environment Pty Ltd (Blue Sky). The acquisition is described as an early investment into the Australian AdBlue market, which is expected to grow rapidly with the upgrading of truck fleets to AdBlue in the coming years. The implementation of the Euro VI standard in 2014.
Henri Néjade, President and CEO of Brenntag Asia Pacific, said: "This acquisition offers us the possibility to benefit from the growth perspectives in the Australian AdBlue market. It enables us to expand our capabilities and to establish a major AdBlue position throughout Australia. We continue our growth path after the acquisition of ISM/Salkat Group in Australia and New Zealand in 2012."
Blue Sky operates a national storage and dispensing network across Australia.