What is Brenntag acquiring, and why is this deal strategically important for its Beauty & Care business in South Korea?

Brenntag is acquiring Woojin Trading Co, a South Korean beauty and personal care ingredients distributor, to strengthen its position in South Korea and enable growth across the Beauty & Care segment and adjacent markets. According to Francois Bleger, global president of Brenntag Beauty & Care, the strengthened footprint will serve as a 'bridgehead for accelerating Brenntag’s other businesses across South Korea', and the companies aim to combine their strengths to grow both in Korea and beyond. The acquisition will provide combined customers with broader formulation expertise, in-house laboratory capabilities, and an expanded product portfolio.

When is the acquisition expected to close, and what conditions must be met before completion?

The acquisition is expected to close in Q4 and is subject to customary conditions, including third-party approvals, as stated in Brenntag’s official statement.

Brenntag to Acquire South Korean Beauty and Personal Care Ingredients Distributor Woojin Trading Co

Aug 3, 2026

Brenntag has signed an agreement to acquire South Korean beauty and personal care ingredients distributor Woojin Trading Co to strengthen its regional position. The deal is expected to close in Q4 following customary approvals.

icis

2026-08-03

Brenntag to Acquire South Korean Beauty and Personal Care Ingredients Distributor Woojin Trading Co

Brenntag to Acquire South Korean Beauty and Personal Care Ingredients Distributor Woojin Trading Co

FAQ