Brenntag Specialties Acquires Colony Gums
October 9, 2023
Brenntag Specialties, the life-sciences division of Brenntag SE, has acquired Colony Gums, Inc., a family‑owned Monroe, North Carolina manufacturer of stabilizer systems and hydrocolloids. The deal will give Colony access to Brenntag’s global distribution network while strengthening Brenntag’s position in the nutrition and specialty ingredients market through Colony’s formulation expertise.
- Buyers
- Brenntag Specialties (Brenntag SE)
- Targets
- Colony Gums, Inc.
- Sellers
- Colony Gums shareholders (Muhlsteff family)
- Industry
- Food & Beverage
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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