Brenntag AG (XTRA:BNR) signed an agreement to acquire Comelt S.p.A. on October 19, 2020. As part of transaction, Brenntag will acquire Comelt S.p.A. and its subsidiary Aquadepur S.R.L. Warehouses and a laboratory in Northern Italy are also included in the transaction. For the financial year 2019, Comelt S.r.l generated sales of approximately €31 million. The transaction is subject to certain contractual closing conditions and regulatory approvals. The transaction is expected to occur in Q4 2020. Brenntag SE (XTRA:BNR) completed the acquisition of Comelt S.p.A. in January 2021. In addition Brenntag also acquired Alpha Chemical Ltd. in February 2021. The consideration paid for both the transaction is €59 million.