Chemicals and ingredients distributor Brenntag Specialties recently announced an agreement to acquire Colony Gums Inc., a U.S.-based stabilizer blends manufacturer and blending services provider.
With this acquisition, it is expected that Brenntag’s product portfolio in Life Sciences, especially in Nutrition, will be complemented and expanded. Colony Gums is headquartered in Monroe, N.C., and is a family-owned distributor servicing customers all across North America.
“Colony Gums will complement our existing business and enable us to serve customers with stabilizer blends, blending solutions and hydrocolloids in our growth market of Nutrition, and other customers in Life Sciences markets globally,” said Michael Friede, CEO of Brenntag, in a statement. “This is part of our ‘Strategy to Win’ to expand and fill white spots in our Life Science portfolio. I look forward to working with our new challenges in Monroe and am excited to welcome them to the Brenntag team.”
Colony Gums has grown into a specialty ingredients supplier and blending services provider over the years.
Robert Muhlsteff, president of Colony Gums, added: “Our team strives to enable customer growth and exceeding the expectations of our customers. I am excited to bring Brenntag customers our formulation expertise on stabilizer blends and individual hydrocolloids, and adding Brenntag’s broad portfolio of products and solutions to our offerings.”