Brenntag SE (0MPT.IL)
- Reuters
Brenntag reshuffles business amid calls for full break-up
German chemicals distributor Brenntag said on Tuesday it would reorganise its business into two independent divisions from 2024 as it faces pressure from activist investors to break up the company. In the reshuffle, Brenntag's essentials unit, a wholesale business for process chemicals, and the specialties arm, which provides services to industries such as nutrition and household products, will each have their own legal structure and leadership. Brenntag said ahead of its Capital Markets Day event that the structural changes would give the company more options and make it ready for the next strategic steps by 2026, but did not specify what those steps might be.
- Simply Wall St.
Brenntag (ETR:BNR) shareholders have earned a 12% CAGR over the last five years
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...
- Simply Wall St.
With 63% ownership of the shares, Brenntag SE (ETR:BNR) is heavily dominated by institutional owners
Key Insights Given the large stake in the stock by institutions, Brenntag's stock price might be vulnerable to their...
