Brenntag Acquires JM Swank from Platinum Equity
June 23, 2021
Brenntag has agreed to acquire JM Swank, a national food-ingredients distributor headquartered in North Liberty, Iowa, from Platinum Equity. JM Swank generated approximately $500 million of sales in 2020; the deal is intended to significantly expand Brenntag's Nutrition business in North America and is expected to close in Q3 2021 subject to customary conditions and regulatory approvals.
- Buyers
- Brenntag SE
- Targets
- JM Swank
- Sellers
- Platinum Equity
- Industry
- Food & Beverage
- Location
- Iowa, United States
- Transaction Type
- Buyout
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