23 October 20232 minute read

DLA Piper advises Brenntag in its acquisition of Colony Gums

DLA Piper advised Brenntag Specialties, a subsidiary of Brenntag SE, in the closing of its acquisition of Colony Gums, a US-based manufacturer of stabilizer blends and a blending services provider.

Brenntag is a global chemicals and ingredients distributor connecting customers and suppliers of the chemical industry. With more than 17,500 employees across a network of more than 600 sites in 72 countries, Brenntag provides a full-line portfolio of industrial and specialty chemicals and ingredients as well as application, marketing and supply chain solutions for a wide range of industries.

Headquartered in Monroe, North Carolina, Colony Gums has grown into a specialty ingredients supplier and blending services provider with more than 30 employees, servicing customers in North America. In 2022, the company reported annual sales of US$38 million.

Colony Gums will complement Brenntag’s existing product portfolio and services and, as a result of this transaction, expand the chemicals and ingredients company’s offerings in life sciences and nutrition.

“It was a pleasure working with Brenntag’s team, combining our industry knowledge and M&A experience to close this deal,” said Oliver Olah, the DLA Piper partner who led the deal team. “It is a privilege to represent Brenntag, and we look forward to supporting their future growth and continued success,” said DLA Piper partner Brian Boyle.

In addition to Olah (New York) and Boyle (Philadelphia & Washington, DC), the DLA Piper team that advised Brenntag included partners Jordan Bailowitz and Julia Kovacs (both in Baltimore), William Bartow (Philadelphia), Jimmy Rusert (Atlanta), Nate Bolin and Jennifer Kashatus (both in Washington, DC), Maggie Craig (Boston); of counsels Nia Brown (Washington, DC), Gerald Shepherd (New York); attorney Nicola Hosie-Kingham (New York); and associates Ashley Bailey-Chang (Minnesota), Mikaela Colby (Phoenix), Julie Franki (Atlanta), William Kirton (Miami) and Priya Narahari (Philadelphia).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 13 consecutive years, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.